Lindy Weink, the new controller of Crane Company, has reviewed the expected useful lives and residual values of selected depreciable assets at December 31, 2017. (Depreciation for 2017 has not been recorded yet.) Her findings are as follows:

						Total Useful Life in Years				Residual Value
Type of Asset		Date Acquired		Cost		Current		Proposed		Current		Proposed
Building		Jan. 1, 2002		$800,410		21		30		$39,680		$60,170
Equipment		Jan. 1, 2015		125,470		5		4		4,840		3,500

After discussion, management agrees to accept Lindys proposed changes. All assets are depreciated by the straight-line method. Crane Company has a December 31 year end.

For each asset, calculate the annual depreciation expense using the original estimated useful life and residual value. (Round answers to 0 decimal places, e.g. 5,275.)

		Annual depreciation expense
Building		$ per year
Equipment		$ per year