Question 3 of 4 - / 25 !!! View Policies Current Attempt in Progress Steve Grant, the new controller of Bramble Ltd. has reviewed the expected useful lives and residual values of selected depreciable assets at the beginning of 2020. His findings are as follows. Residual Value Cost Accumulated Depreciation 1/1/20 196,500 20,380 Date Type of Asset Acquired Building 1/1/10 Warehouse 1/1/15 Old Total Useful life in Years Old Proposed 40 50 Proposed 35.000 56.500 821.000 106,000 25 20 4,100 21.120 All assets are depreciated by the straight-line method. Bramble uses a calendar year in preparing annual financial statements. After discussion, management has agreed to accept Grant's proposed changes. - / 25 All assets are depreciated by the straight-line method. Bramble uses a calendar year in preparing annual financial statements. After discussion, management has agreed to accept Grant's proposed changes. (a) Compute the revised annual depreciation on each asset in 2020 Building Warehouse Revised annual depreciation E List of Accounts Attempts- unlimited Submit Answer Save for Later