Question 33 (6 points) Bombardier Ltd. which has a December 31 year-end, purchased equipment at a cost of $140,000 on October 1, 2017 and a building costing $3,200,000 on April 1, 2017. The equipment has a residual value of $10,000 and an estimated useful life of five years and is expected to produce 25,000 units over its useful life. The building has an estimated useful life of 30 years with a residual value of $200,000. REQUIRED - BUILDING On October 1, 2019, the company did major renovations to the building purchased on April 1, 2017. The renovations cost $1,200,000. As a result of this, the remaining useful life of the building was revised to 35 years as of October 1, 2019 and the residual value is now assumed to be $300,000. Calculate the accumulated depreciation of the building as at December 31, 2019 assuming the use of the straight-line depreciation method. Please show all your work. (you do not have to do journal entries) Format B IU MacBook Air