Current Attempt in Progress

Victor Mineli, the new controller of Sheridan Company, has reviewed the expected useful lives and salvage values of selected

depreciable assets at the beginning of $2025.$ Here are his findings:

All assets are depreciated by the straight$-$line method. Sheridan 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$)$

Your answer is incorrect.

Compute the revised annual depreciation on each asset in $2025.($Round answers to $0$ decimal places, e$.$g$.125.)$