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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

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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 Date Asset Acquired Cost Building Jan 1, 2014 $979,500 Warehouse Jan 1, 2017 151,500 Accumulated Depreciation, Jan 1, 2022 $183,300 29,290 Useful Life (in years) Old Proposed 40 58 25 20 Salvage Value Old Proposed $63,000 $37,400 5,050 4,610 All assets are depreciated by the straight-line method. Carla Vista Couses 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 decimal places, es 125) Building Warehouse

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