Question $5$ of $11$

Current Attempt in Progress

In $1998,$ Whispering Company completed the construction of a building at a cost of $$2,220,000$ and first occupied it in January $1999.$ It was estimated that the building will have a useful life of $40$ years and a salvage value of $$66,400$ at the end of that time.

Early in $2009,$ an addition to the building was constructed at a cost of $$555,000.$ At that time, it was estimated that the remaining life of the building would be$,$ as originally estimated, an additional $30$ years, and that the addition would have a life of $30$ years and a salvage value of $$22,200.$

In $2027,$ it is determined that the probable life of the building and addition will extend to the end of $2058,$ or $20$ years beyond the original estimate.

Your answer is correct.

Using the straight$-$line method, compute the annual depreciation that would have been charged from $1999$ through $2008.$

Annual depreciation from $1999$ through $2008$

$ $53840/$yr$.$

Question $4$

Accounting Multistep

Viewing Question $5$

$\frac{0\mathrm{.}75}{1}$

Accounting Multistep

Partially correct

Question $6$

$\frac{1}{1}$

Accounting Multistep

Correct

Question $7$

$\frac{1}{1}$

Accounting Multistep

correct

$\frac{1}{1}$

Question $8$

Correct

Accounting Multistep

$\frac{1}{1}$

Question $9$

Correct

Accounting Multistep

$\frac{1}{1}$

Question $10$

Accounting Multistep

Correct

Question $11$

Accounting Multistep

SUPPORT

MacBook Air

$$

Your answer is incorrect.

Compute the annual depreciation that would have been charged from $2009$ through $2026.$

Annual depreciation from $2009$ through $2026$

$ $/$yr$.$

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