A building was acquired on January 1, 2011, at a cost of $4,000,000, and its depreciation is

Question:

A building was acquired on January 1, 2011, at a cost of $4,000,000, and its depreciation is calculated using the straight-line method. At the end of 2015. the accumulated depreciation contra asset for the building is $800,000. What will be the balance in the building's accumulated depreciation contra asset at the end of 2022? What is the building's book value al that date?

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