Victor Minell the new controller of Ivanhoe Company, has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2022. Here are his findings: Salvage Value Type of Asset Date Acquired Accumulated Depreciation Jan. 1.2022 Useful Life (in years) Old Proposed Cost Old Proposed $857.000 $ 159.100 40 58 $61.500 Building Warehouse Jan 1, 2014 Jan 1, 2017 $ 35,600 5,300 129.500 24,960 25 20 4700 All assets are depreciated by the straight-line method. Ivanhoe 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 Your answer is incorrect Compute the revised annual depreciation on each asset in 2022. (Round answers to decimal places, s. 125.) Compute the revised annual depreciation on each asset in 2022. (Round answers to 0 decimal places, eg. 125.) Building Warehouse Revised annual depreciation e Textbook and Media