Victor Mineli, the new controller of Carla Vista Co., has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2022. Here are his findings: Type of Asset Building Warehouse Date Acquired Jan. 1, 2014 Jan. 1, 2017 Cost $979,500 151,500 Accumulated Depreciation, Jan. 1, 2022 $183,300 29,290 Useful Life (in years) Old Proposed 40 25 58 20 Salvage Value Old $63,000 5,050 Proposed $37,100 4,610 All assets are depreciated by the straight-line method. Carla Vista Co. 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.)

Victor Mineli, the new controller of Carla Vista Co, has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2022 . Here are his findings: All assets are depreciated by the straight-line method. Carla Vista Co. 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.) Compute the revised annual depreciation on each asset in 2022. (Round answers to 0 decimal places. e. 125.)