Min Progress Lindy Weink, the new controller of Ivanhoe Company, has reviewed the expected useful lives and residual values of selected depreciable assets at December 31, 2021. (Depreciation for 2021 has not been recorded yet )Her findings are as followers Residual Value Total Useful Life In Years Current Proposed Date Acquired Cost Current Proposed Type of Asset Building Equipment Jan 1.2006 20 30 $39,880 560,100 $800,500 125.210 Jan 1, 2019 5 4510 3.500 After discussion, management agrees to accept Lindy's proposed changes. All assets are deprecated by the straight line method Ivanhoe Company has a December 31 year end, (a) 2840 Partly cloudy 0 ING 10:38 PM WV21 are to search