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Twinkle Inc., purchased a building for $400,000 on October 1. Straight-line depreciation was used for each of the first two years using the following assumptions:
Twinkle Inc., purchased a building for $400,000 on October 1. Straight-line depreciation was used for each of the first two years using the following assumptions: 25-year estimated useful life, with a residual value of $50,000. What was the adjustment amount needed in year 2? Input your answer as a whole number only. DO NOT use $ or , in your answer (i.e. 24000)
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