Use the information in the table to calculate the depreciation for the Building and Land Improvements for the first 5 years. Depreciation Salvage Value Asset Life Cost Method 20 24 Building Straight Line $ 10,000 years 850,000 Land 20 Straight Line 60,000 Improvements years 1. Use the Straight Line Method to calculate the yearly depreciation expense: 24 42000 Building Land 3000 Improvements Type here to search Intr Building: Depreciable Year Depreciation Expense Accumulated Book Value Cost Depreciation $ %$4 $. 840000 42000 42000 840000 42000 84000 21 840000 42000 126000 3. 840000 42000 168000 4. of 840000 42000 210000 of E O Type here to search 5.