Terry Wade, the new controller of Novak Corp. has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2020. His findings are as follows. Accumulated Depreciation Useful life in Years Date Salvage Value Type of Asset Acquired Cost 1/1/20 Old Proposed Old Proposed 40 50 Building Warehouse 1/1/14 1/1/15 $821,000 106,000 $117.900 20,380 $35,000 4.100 $78,300 21.120 25 20 All assets are depreciated by the straight line method. Novak Corp. uses a calendar year in preparing annual financial statements. After discussion, management has agreed to accept Terry's proposed changes. Compute the revised annual depreciation on each asset in 2020. Building Warehouse Revised annual depreciation $ $