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Business, 13.11.2019 01:31 makaylaspeaks4787

Bridge city consulting bought a building and the land on which it is located for $135,000 cash. the land is estimated to represent 50 percent of the purchase price. the company paid $6,000 for building renovations before it was ready for use. compute straight-line depreciation on the building at the end of one year, assuming an estimated 10-year useful life and a $4,000 estimated residual value. (do not round intermediate calculations.) what should be the book value of (a) the land and (b) the building at the end of year 2?

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