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reduction to Use the information in the table to calculate the depreciation for the Building and Land Improvements for the first 5 years. Cost Asset Depreciation Salvage Method Value Life Building Straight Line $ 10,000 $ 850,000 20 years 20 years Land Improvements Straight Line 60,000 1. Use the Straight Line Method to calculate the yearly depreciation expense: $ $ Building 42000 $ Land Improvements 3000 Building: Building: Depreciable Year Cost Accumulated Depreciation Book Value Depreciation Expense $ 42000 1 840000 o N x 4 5 X X Land Improvements: Depreciable Year Cost Depreciation Expense $ Book Value Accumulated Depreciation $ $ $ E Type here to search Land Improvements: Depreciable Year Cost Depreciation Expense $ Accumulated Depreciation Book Value $ $ X X X X X 2. X X X X X 3 4. X x 5 X X X Question Help: Written Example Calculator Submit All Parts