Alice and Zion Washington are continuing to review business practices. Currently, they are reviewing the company's property, plant, and equipment and have gathered the following information: (Click the icon to view the information.) Read the requirements. Mar. 2, 2019 7,500 5 years 1,500 DDB $ 250 Computer Office Furniture Mar. 3, 2019 2.300 6 years 500 SL 25 Requirement 2. For each asset, determine the book value as of December 31, 2018. Then, calculate the depreciation expense for the first six months of 2019 and the book value as of June 30, 2019. Begin by completing the table by entering the amounts for 2018 for the assets placed in service during 2018. In the following step we will complete the table for the first six months of 2019 for all assets placed in service prior to June 30, 2019. (Complete all answer boxes. Enter a "0" for any zero balances. Abbreviations used: Accum. = Accumulated; Depr. = Depreciation; Exp. = Expense.) Accum. Book 2018 Depr. Value Acquisition Depr. Dec. 31, Dec. 31, Asset Date Cost Expense 2018 2018 Canoes Nov. 3, 2018 $ 7,680 Land 0 0 Dec. 1, 2018 Dec. 1, 2018 Building 90,000 94,000 8,160 Canoes Dec. 2, 2018 Computer Mar. 2, 2019 7,500 Office Furniture Mar. 3, 2019 2,300 1 Requirements 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2019. 2. For each asset, determine the book value as of December 31, 2018. Then, calculate the depreciation expense for the first six months of 2019 and the book value as of June 30, 2019. 3. Prepare a partial balance sheet showing Property, Plant, and Equipment as of June 30, 2019. Data table Acquisition Date Estimated Residual Value Depreciation Method* Monthly Depreciation Expense Asset Cost Estimated Life Canoes Nov. 3, 2018 7,680 4 years $ 0 SL 160 Land Dec. 1, 2018 90,000 n/a Building Dec. 1, 2018 94,000 5 years 22,000 SL 1,200 Canoes Dec. 2, 2018 8,160 4 years 0 SL 170 Computer Mar. 2, 2019 7,500 5 years 1,500 DDB Office Furniture Mar. 3, 2019 2,300 6 years 500 SL * SL = Straight-line; DDB = Double-declining-balance =