wed Help Ch 9 HW Save & Evit Submit Check my work Part 2 of 3 Required information The following information applies to me questions displayed below! Bridge City Consulting bought a building and the land on which is located for $170.000 cash. The land is estimated to represent 50 percent of the purchase price. The company paid $8,000 for building renovations before it was ready for use 025930 3. Compute straight line depreciation on the building at the end of one year, assuming an estimated 10 year useful life and a $9.000 estimated residual value (Do not round Intermediate calculations.) 4. What should be the book value of (a) the land and (b) the bullding at the end of year 2? 3 Straight Line Depreciatios 4) Land 4) Building