On March 31, 2021, Susquehanna Insurance purchased an office building for $12,300,000. Based on their relative fair values, one-third of the purchase price was allocated to the land and two-thirds to the building. Furniture and fixtures were purchased separately from office equipment on the same date for $1,210,000 and $710,000, respectively. The company uses the straight-line method to depreciate its buildings and the double-declining-balance method to depreciate all other depreciable assets. The estimated useful lives and residual values of these assets are as follows: Residual Value d Service Life Building 25 Furniture and fixtures 20 10 10% of cost 10% of cost $31,000 Office equipment Required: Calculate depreciation for 2021 and 2022. (Do not round intermediate calculations.) Building Furniture and fixtures Office equipment 2021 Depreciation 2022 $295,200 $ 295,200 $ 121,000 $ 108,900 $ 142,000 $ 113,600