URCES Exercise 9-6 (Part Level Submission) Victor Minell, the new controller of Blossom Company, has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2017. Here are his findings: Type of Asset Building Accumulated Depreciation, Jan. 1, 2017 Cost Useful Life (in years) Old Proposed 40 Date Acquired Jan 1. 2009 Jan. 1, 2012 Salvage Value Old Proposed Study $783,500 $144,200 $62,500 $36,600 Warehouse 118,000 22,520 25 5,400 3,900 All assets are depreciated by the straight-line method. Blossom Company uses a calendar year in preparing annual financial statements. After discussion, management has agreed to accept Victor's proposed changes. (The "Proposed useful life is total life, not remaining life) (0) Compute the revised annual depreciation on each asset in 2017. (Round Building Revised annual depreciation Click If you would like to show Work for this questioni Open Show Work