Accounting dep

On March 31, 2024, the Herzog Company purchased a factory complete with vehicles and equipment. The allocation of the total purchase price of $1,060,000 to the various types of assets along with estimated useful ilves and residual values are as follows: On June 29, 2025, equipment included in the March 31, 2024, purchase that cost $106,000 was sold for $86,000, Herzog uses the straight-line depreciation method for building and equipment and the double-declining-bolance method for vehicles. Partial-year depreclation is calculated bosed on the number of months an asset is in service. Required: 1. Compute depreciation expense on the bulding, equipment, and veh cles for 2024. 2. Prepore the joumal entries to record the depreciation on the equipment sold on June 29.2025, and the sale of equipment. 3. Compute depreciation expense on the building, remaining equipment, and vehicles for 2025. Answer is not complete. Complete this question by entering your answers in the tabs below. Compute deprectation expense on the bullding, equipment, and vehides for 2024. Note: Da not round intermediate calculations