Viow folicies Cument Attempt in Progress Victor Mineli, the new controlier of dlossom Company, has reviewed the expected usefol llves and salvage values of selected depreciable assets at the beginning of 2022. Here are his findings: All arsets are depreciated by the straight the method. Blossem Compary uses a calendar year in preparing annual ad;usting entries and tinancial statements. After diucussion, mana tement has agreed to accept Victor's proposed changes. [The "Proposed " useful tife is totalife, not remaining hifel. Canpute the revised annual depreciation or each asset in 2022 . Prepae the entry to recard depreciatian en the building in 2022 . Credt eccoust ticler are eutumatically indented when amoumt in