On March 31, 2021, Susquehanna Insurance purchased an office building for $14,400,000. 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 $1,280,000 and $780,000 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:

Service Life Residual Value

Building 40 10% of cost

Furniture and fixtures 20 10% of cost

Office Equipment 10 $38,000

Calculate the depreciation for 2021 and 2022