b. B. Prepare the entry (or entries) to record depreciation on the building in 2019.

Exercise 9-8 (Part Level Submission) Terry Wade, the new controller of Sheridan Company, has reviewed the expected useful ives and salvage values of selected depreciable assets at the beginning of 2019. His findings are as follows Accumulated Depreciation Useful life in Years Date Salvage Value Type of Asset Acquired Cost Building Warehouse 1/1/14 1/1/13 $810,000 110,000 1/1/19 Old Proposed Old Proposed 50 $44,000 $43,900 13,820 $114,900 40 21,18025 20 4,100 All assets are depreciated by the straight-line method. Sherdan Company uses a calendar year in preparing annual financial statements. After discussion, management has agreed to accept Terry's proposed changes (a) Compute the revised annual depreciation on each asset in 2019 Building Warehouse Revised annual depreciation Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER The parts of this question must be completed in order. This part will be available when you complete the part above