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Tristen Compary purchased a flve-story office buliding on January 1, 2022, at a cost of $8,300,000. The bullding has a residual value of $330,000 and

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Tristen Compary purchased a flve-story office buliding on January 1, 2022, at a cost of $8,300,000. The bullding has a residual value of $330,000 and a 40-year life. The straight-fine depreclation method is used. On June 30,2024 , construction of a stxth floor was completed at a cost or $2,625,000. Required: Calculate the deprecation on the bulling and buliding addition for 2024 and 2025, assuming that the addition did not change the life or residual value of the buliding. (Hint Calculate depreciotion for the bullding and addilion separately. Assume the addition has no residual value and on estimeted life equal to the remaining useful ife of the bulling.)

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