Exercise 2 (Part Levels George Geary, the controleren hasieren Us Years Valle Type of Data Accumulated Acqued Cast Depreciation Med OL Pro Huling Jan. 1. 2014 12.727.000 $319.000 40 50 Warehouse Jan 1, 2017 5132.000 547.000 22.000 70.000 20 21.00 5,000 Allereded by the thod. Oil Coman ledar your innering and we were the Leaning ) Comote the revied a depreciation on each 022 Type A Rulting Warehe vidunder Click if you would like to show Work for this on Wed Exercise 240 (Part Level Submission) George Geary, the controller of Oriole Company, has reviewed the expected useful lives and salvage values of selected depreciable auts at the beginning of 2022 the Life (Years) Salvage Value Accumulated Type of Date Depreciation, Old Proposed Aset Cost old Acquired Proposed Jan. 1. 2022 Building Jan. 1, 2014 $2.727,000 $519,000 40 50 $132.000 $87,000 Warehouse Jan 1, 2017 243,000 70,000 25 20 31,000 5,000 All assets are depreciated by the straight-line method. Oriole Company uses a calendar year in preparing annual financial statements. Alter discussion, manager remaining life.) (a) Compute the revised annual depreciation on each asset in 2022. Type of Asset Building Warehouse Revised annual depreciation 5 5 Click if you would like to Show Work for this question: Open Show Work As CALORATOR MAX seful lives and salvage values of selected depreciable assets at the beginning of 20122. Here are his findings Salvage Value Old Proposed $132.000 31.000 $82,000 5.000 calendar year in preparing annual financial statements. After discussion, management has agreed to accept George's proposed changes, (The Proposed uselul life is totale noe