Accumulated Useful Life (in Salvage Value old years) Date Jan. 1, Jan. 1, Type of Asset Acquired Cost Jan. 1, 2017 187,200 40 48 $54,000$37,100 $990,000 Building2009 Warehouse 2012 All assets are depreciated by the straight-line method. Ivanhoe Company uses a calendar year in 24,290 2s 20 5,5505,500 127,000 Company uses a calendar year in preparing annual financial statements After discussion, manag has agreed to accept Victor's proposed changes. (The "Proposed. useful ??e iS totai ir, not reman ng Compute the revised annual depreciation on each asset in 2017 (Round answers to o Revised annual depreciation decimal places 9.125 Prepare the entry to record depreciation on the bunlging inuired, select No Entry" for the account tities and enter 0 for the am 2017 (Round answers to O decimal places o.g. 125. Credit account titles are automatically "No the account titles and enter 0 for the arn indented when amount is entered. Do not indent manually. I no entry is Debit Credit Account Titles and Explanation