assets at the Type of Useful Life (in years) Salvage Value Date Acquired Asset Old Proposed Old Proposed Accumulated Depreciation Jan. 1, 2017 $134.400 23.290 Building Cost $737,000 121.000 Jan. 1.2009 40 48 $65,000 $36,700 Warehouse Jan. 1. 2012 25 20 4,550 5,100 All assets are depreciated by the straight-line method, Crane Company uses a calendar year in preparing annual financial statements. After discussion, management has agreed to accept Victor's proposed changes. (The "Proposed" useful life is totallife, not remaining life.) Compute the revised annual depreciation on each asset in 2017. (Round answers to decimal places, eg. 125) Building Warehouse Revised annual depreciation $ $ eTextbook and Media List of Accounts Question 5 of 9 > - /4 Prepare the entry to record depreciation on the building in 2017. (Round answers to decimal places, es 125. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit