Victor Mineli, the new controller of Oriole Company, has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of $2022.$ Here are his findings:

$\backslash$table$[[\backslash$table$[[$Type of$],[$Asset$]],\backslash$table$[[$Date$],[$Acquired$]],$Cost,$\backslash$table$[[$Accumulated$],[$Depreciation$,],[$Jan$.1,2022]],$Useful Life $($in years$),$Salvage Value$],[$Old$,$Proposed,Old,Proposed$],[$Building$,$Jan. $1,2014,$$$975,500,$$$183,700,40,48,$$$57,000,$$$35,800$