Amber and Zack Wilson are continuing to review business practices. Currently, they are reviewing the company's property, plant, and equipment and have gathered the following information:

				Estimated		Monthly
	Acquisition		Estimated	Residual	Depreciation	Depreciation
Asset	Date	Cost	Life	Value	Method*	Expense
Canoes	Nov. 3, 2018	$4,800	4 years	$0	SL	$100
Land	Dec. 1, 2018	85,000			n/a
Building	Dec. 1, 2018	35,000	5 years	5,000	SL	500
Canoes	Dec. 2, 2018	7,200	4 years	0	SL	150
Computer	Mar. 2, 2019	3,600	3 years	300	DDB
Office Furniture	Mar. 3, 2019	3,000	5 years	600	SL

* SL = Straight-line; DDB = Double-declining-balance

Requirements:

1.	Calculate the amount of monthly depreciation expense for the computer and office furniture for 20192019.
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.

Requirement 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2019. (Calcula necessary to prorate depreciation based on the number of days in service.) Estimated Year 1 - Monthly Depreciation Acquisition Estimated Residual Depreciation Asset Date Cost Life Value Method Expense Computer Office Furniture Mar. 2, 2019 Mar. 3, 2019 3,600 3,000 3 years 5 years 300 600 DDB SL