Exercise 9-6 (Part Level Submission) Victor Mineli, the new controller of Oriole Company, has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2017. Here are his findings: Type of Asset Accumulated Depreciation, Jan. 1, 2017 Useful Life (in years) Old Proposed Date Acquired Jan. 1, 2009 Cost Salvage Value old Proposed $69,500 $36,800 Building $797,500 $145,600 40 48 Warehouse Jan. 1, 2012 118,500 22,540 25 20 5,800 5,500 All assets are depreciated by the straight-line method. Oriole 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.) x Your answer is incorrect. Try again. Compute the revised annual depreciation on each asset in 2017. (Round answers to o decimal places, e.g. 125.) Building X Warehouse X 8500 Revised annual depreciation 11900 Click if you would like to Show Work for this question: Open Show Work