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Amy and Zeger Winter are continuing to review business practices. Currently, they are reviewing the company's property, plant, and equipment and have gathered the following
Amy
and Zeger
Winter
are continuing to review business practices. Currently, they are reviewing the company's property, plant, and equipment and have gathered the following information:
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Part 1
Requirement 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2025.
(Calculate a full month's depreciation. It is not necessary to prorate depreciation based on the number of days in service.)
Estimated Year 1 - Monthly
Acquisition Estimated Residual Depreciation Depreciation
Asset Date Cost Life Value Method Expense
Computer Mar. 2, 2025 5,400 3 years 1,200 DDB
Office Furniture Mar. 3, 2025 4,900 10 years 1,300 SL
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