Victor Mincil, the new controiler of Wildhorse Co, has revlewed the expected useful lives and salvage values of selected dvpraciable assets at the beginning of 2017. Here are his findings: All assets are depreciated by the straight-line method. Wildhorse Co uses a calengar year in preparing annual financial statements After diccussion, management has agreed to accept Victor's proposed changes. (The "Proposed' useful ilfte is total life, not remaining Iife) Compute the revised annual depredition on each asset in 2017 . (Round answers to 0 decimdil places, es 125). - Your answer is partialiy correct Prepare the entry to record depreciation on the buliding in 2017. (Round answers to 0 decinal ploces es. 125. Crodt aciount ticies gre gutomotically indented when anount is entered. Do not indent monwally If no entry is required, select "No Enty" far the ocecunt tilles and enter Ofor the amounts)