1 Selected ledger account balances for Business Solutions follow. 11 points Office equipment Accumulated depreciation office equipment Computer equipment Accumulated depreciation-Computer equipment Total revenue Total assets For Three Months Ended December 31, 2019 $ 7,200 360 18,000 1,125 31,884 84,260 For Three Months Ended March 31, 2020 $ 7,200 720 18,000 2,250 44,800 120,868 eBook Print Required: 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2020. Compute amounts for the year ended December 31, 2020, for Depreciation expense-Office equipment and for Depreciation expense-Computer equipment (assume use of the straight-line method). 2. Given the assumptions in part 1, what is the book value of both the office equipment and the computer equipment as of December 31, 2020? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2020. References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2020. Compute amounts for the year ended December 31, 2020, for Depreciation expense-Office equipment and for Depreciation expense- Computer equipment (assume use of the straight-line method). Office equipment Computer equipment Depreciation Expense $ 1,440 4,500