Jason Geary, the controller of Blossom Company, has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2022. Here are his findings: Useful Life (in Years) Salvage Value Type of Asset Date Acquired Accumulated Depreciation, Jan. 1, 2022 Old Proposed Old Proposed Cost Building Jan. 1, 2014 $2,725,000 $545,200 46,000 40 25 50 20 $142,000 24,000 $84,000 31,000 Warehouse Jan. 1, 2017 251,000 All assets are depreciated by the straight-line method. Blossom Company uses a calendar year in preparing annual financial statements. After discussion, management has agreed to accept Jason's proposed changes. (The "Proposed" useful life is total life, not remaining life.) Compute the revised annual depreciation on each asset in 2022. Type of Asset Building Warehouse Revised annual depreciation $