Victor Mineli, the new controller of Cullumber Company has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2022. Here are his findings Accumulated Useful Life (in Type of Date Depreciation, years) Salvage Value Asset Acquired Cost Jan 1, 2022 Old Proposed Old Proposed Building Jan. 1, 2014 $814,500 $149,500 40 58 $67.000 $36,800 Warehouse Jan 1, 2017 123,000 23.680 25 20 4,600 3,800 All assets are depreciated by the straight-line method. Cullumber 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.) Compute the revised annual depreciation on each asset in 2022. (Round answers to decimal places, eg. 125.) Building Warehouse Revised annual depreciation 7785 $ 11938 Prepare the entry to record depreciation on the building in 2022. (Round answers to decimal places, s. 125. Credit account titles are automatically indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit