Victor Mineli, the new controller of Sandhill Co, has reviewed the expected useful tives 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 $908,000 153,000 Accumulated Depreciation Jan 1, 2022 $168,500 29.680 Useful Life (in years) Old Proposed 40 58 25 20 Salvage Value Old Proposed $65,500 $36,600 4.600 5,420 All assets are depreciated by the straight-line method. Sandhill 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 declmal places, eg. 125.) Building Warehouse Revised annual depreciation $ I eTextbook and Media List of Accounts Prepare the entry to record depreciation on the building in 2022. (Round answers to decimal places, eg. 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 Credit Debit