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Victor Mineli, the new controller of Crane Company, has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2022. Here are his findings: Cost Type of Asset Building Warehouse Date Acquired Jan. 1. 2014 Jan 1, 2017 Accumulated Depreciation, Jan 1, 2022 $141,800 31,690 Useful Life (in years) Old Proposed 40 58 25 20 Salvage Value Old Propos $63,000 $35.26 5,550 4,8 $772,000 164,000 All assets are depreciated by the straight-line method. Crane 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.) (a) Compute the revised annual depreciation on each asset in 2022. (Round answers to 0 decimal places, e.8. 125.) Building Warehouse Revised annual depreciation $ $ Victor Mineli, the new controller of Crane Company, has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2022. Here are his findings: Cost Type of Asset uilding farehouse Date Acquired Jan 1, 2014 Jan. 1. 2017 Accumulated Depreciation, Jan. 1, 2022 $141,800 31,690 Useful Life (in years) old Proposed 40 58 25 20 Salvage Value Old Proposed $63,000 $35,200 5.550 4,810 $772,000 164.000 All assets are depreciated by the straight-line method. Crane 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.) (a) Compute the revised annual depreciation on each asset in 2022. (Round answers to 0 decimal places, e.8. 125.) Building Warehouse Revised annual depreciation $

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