3 Months ended December 31 2013

Office equipment $ 8,000 Accumulated depreciationOffice equipment 400 Computer equipment 20,000 Accumulated depreciationComputer equipment 1,250 Total revenue 31,284 Total assets 93,248

3 months ended March 31 2013

Office equipment $ 8,000 Accumulated depreciationOffice equipment 800 Computer equipment 20,000 Accumulated depreciationComputer equipment 2,500 Total revenue 43,853 Total assets 129,909

1) Assume that Success Systems does not acquire additional office equipment or computer equipment in 2014. Compute amounts for the year ended December 31, 2014, for Depreciation ExpenseOffice Equipment and for Depreciation ExpenseComputer 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, 2014?

3)Compute the three-month total asset turnover for Success Systems as of March 31, 2014. (Round your answer to 2 decimal places.)