Accounting On December 31, 20×4, you purchase a building for $2676112. The building’s useful life is expected to be 34 years after which it will have…

Accounting
On December 31, 20×4, you purchase a building for $2676112. The building’s useful life is expected to be 34 years after which it will have a residual value of $481221. The straight-line method of depreciation is used. What will the building’s net book value (cost less accumulated depreciation) be at the end of 20×7?
 
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