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help please 2 Tristen Company purchased a five-story office building on January...

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Accounting

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2 Tristen Company purchased a five-story office building on January 1, 2016, at a cost of $9,200,000. The building has a residual value of $550,000 and a 40-year life. The straight-line depreciation method is used. On June 30, 2018 construction of a sixth floor was completed at a cost of $2,625,000 Required: Calculate the depreciation on the building and building addition for 2018 and 2019 assuming that the addition did not change the life or residual value of the building. points Skipped Depreciation Building Addition Year eBook 2018 2019 References

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