Current Attempt in Progress Victor Mineli, the new controller of Sunland Company, has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2022. Here are his findings: Useful Life (in years) Salvage Value Type of Asset Date Acquired Accumulated Depreciation, Jan 1, 2022 Cost Old Proposed Old Proposed Building Jan 1, 2014 $734,500 $135,500 40 58 $57,000 $35,300 Warehouse Jan 1, 2017 105,500 31,860 25 20 6,200 3,140 All assets are depreciated by the straight-line method, Sunland 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 totallifer remaining life.) Compute the revised annual depreciation on each asset in 2022. (Round answers to decimal places, eg. 125.) Building Warehouse Revised annual denreriatinn Compute the revised annual depreciation on each asset in 2022. (Round answers to 0 decimal places, eg. 125.) Building Warehouse Revised annual depreciation $ $ 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.) Debit Credit Account Titles and Explanation