Amy and Zeger Waldron 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 Estimated Acquisition Date Residual Value Depreciation Method Year 1 - Monthly Depreciation Expense Asset Cost Life 9,900 400 DDB Computer Office Furniture Mar 2, 2019 Mar. 3, 2019 6 years 8 years 7,060 1,300 SL Data Table - Estimated Residual Value Asset Depreciation Method Estimated Life Monthly Depreciation Expense $ 160 $ 4 years $ 0 SL n/a Acquisition Date Nov 3, 2018 Dec. 1. 2018 Dec. 1. 2018 Dec. 2, 2018 Mar 2, 2019 Mar. 3, 2019 Canoes Land Building Canoes Computer Office Furniture Cost 7,680 100,000 313,000 6,240 9,900 7,060 25,000 SL 1,600 130 15 years 4 years 6 years 8 years SL DDB 400 1,300 SL SL = Straight-line; DDB = Double-declining-balance Print Done i 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