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A) Cullumber Company hired Kirk Construction to construct an office building for 7600000 on land costing 2300000, which Cullumber Company owned

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A) Cullumber Company hired Kirk Construction to construct an office building for 7600000 on land costing 2300000, which Cullumber Company owned. The building was complete and ready to be used on January 1, 2022 and it has a useful life of 40 years. The price of the building included land improvements costing 610000 and equipment costing 750000. The useful lives of the land improvements and the equipment are 10 years and 5 years, respectively. Cullumber Company uses component depreciation, and the company uses straight-line depreciation for other similar assets. What total amount of depreciation expense would Cullumber Company report on its income statement for the year ended December 31, 2022?

B)Cullumber Company hired Kirk Construction to construct an office building for 7500000 on land costing 2700000, which Cullumber Company owned. The building was complete and ready to be used on January 1, 2022 and it has a useful life of 40 years. The price of the building included land improvements costing 690000 and equipment costing 840000. The useful lives of the land improvements and the equipment are 10 years and 5 years, respectively. Cullumber Company uses component depreciation, and the company uses straight-line depreciation for other similar assets. What is the net amount reported for the building on Cullumber Company's December 31, 2022 statement of financial position?

C)An asset was purchased for ¥390000. It had an estimated residual value of ¥42000 and an estimated useful life of 10 years. After 5 years of use, the estimated residual value is revised to ¥31500 but the estimated useful life is unchanged. Assuming straight-line depreciation, depreciation expense in year 6 would be

D) Cullumber Company purchased equipment on January 1, 2020 for €29500 with an estimated residual value of €7500 and estimated useful life of 8 years. On January 1, 2022, Cullumber decided the equipment will last 12 years from the date of purchase. The residual value is still estimated at €7500. Using the straight-line method the new annual depreciation will be: