Amy and Zain Waldon 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. Requirement 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2019. (Calculate a full month's depreciation. It is not necessary to prorate depreciation based on the number of days in service.) Estimated Acquisition Date Estimated Residual Value Depreciation Method Year 1 - Monthly Depreciation Expense Asset Cost Life 4,200 DDB Computer Office Furniture Mar. 2, 2019 Mar. 3, 2019 4 years 6 years 700 400 4,000 SL - Data Table Cost Estimated Life Estimated Residual Value $ 0 Depreciation Method SL Monthly Depreciation Expense $ 70 $ 4 years n/a Asset Canoes Land Building Canoes Computer Office Furniture Acquisition Date Nov 3, 2018 Dec. 1, 2018 Dec. 1. 2018 Dec. 2. 2018 Mar 2, 2019 Mar 3, 2019 25,000 3,360 60,000 73,000 9,120 4,200 4,000 5 years 4 years SL SL 800 190 0 4 years 700 DDB 6 years 400 SL * SL = Straight-line; DDB = Double-declining-balance Print Done 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. Print Done