XYZ Inc. has a building it purchased for $500,000. It is estimated the building has a useful life of 25 years and zero residual value. The building has three major components. XYZ uses the straight-line method of depreciation. Unit Component Useful Life Cost A $100,000 5 years B $150,000 10 years C $250,000 25 years Required: 1-a. What is the amount of depreciation in year one? Use a separate accumulated depreciation account for each component. Total depreciation expense