Question 5 View Policies Current Attempt in Progress Victor Minell, the new controller of Sheridan Company hasreviewed the expected us beginning of 2022. Here are his findings lives and v alues of selected deprec a t Type of Asset Building Warehouse Date Acquired Cost Jan 1, 2014 $80,000 Jan. 1.2017 150,500 Accumulated Useful Lifelin years) Depreciation Jan 1, 2022 Old Proposed $149.2000 58 28.520 25 2 0 Salvage Value Old Proposed $60.000 $35.000 6.400 4200 Al assets are depreciated by the straight-line method Sheridan Company esa 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) Compute the revised annual depreciation on each set in 2022. Round answers to decimal places. 125) - Building Revised annual depreciations e Textbook and Media