Zeidler company bought-a buiding and the land on which the buiding is located for a tolat cass price of 5185,000 . The company paid transfer costs of $3,400. Renovation costs on the buiding were $26,580. An independent appraiser provided market values for the land, $250.000, and building. $1,000.000 before renovotion 3. Compute depreciation of the bulding at the end of one year, using the straight-line method. Assume an estimated useful life of 12 years and an estimated residual value of $15,400. 4. What would be the carrying amount of the property (building and land) at the end of year 2