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A company has a building that it originally bought for $100,000. As of 12/31/2012, there...

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Accounting

A company has a building that it originally bought for $100,000. As of 12/31/2012, there is $10.000 of Accumlated Depreciation on the building (it was being straight-line deprection over 10 years with no slavage value). On 1/1/2013, the company decides to change the remaining useful life to 5 years (dtarting now) with a $50,000 salvage value. What will be the depreciation on the building in 2013

$13,000

$20,000

$8,000

$12,000

$10,000

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