Exercise 9-6 Victor Minell, the new controller of Ivanhoe Company, has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2017. Here are his findings: Useful Life (in years) Type of Accumulated Depreciation, Jan. 1, 2017 Date Acquired Salvage Value Asset Cost Old Proposed Old Proposed Building Jan. 1. 2009 $990,000 $187,200 40 48 $54,000 $37,100 Warehouse Jan. 1. 2012 127,000 24,290 25 20 5,550 5,500 All assets are depreciated by the straight-line method. Ivanhoe 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 total life, not remaining life.) Compute the revised annual depreciation on each asset in 2017. (Round answers to decimal places, e.g. 125.) Building Warehouse Revised annual depreciation