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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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the icon to view the information.)
Read the requirementsLOADING...
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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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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: (Click the icon to view the information.) Read the requirements. Requirement 1. Calculate the amount of monthly depreciation expense for the computer and office fumiture for 2025. Calculate a full month's depreciation. It is not necessary to prorate depreciation based on the number of days in service.) Data table + SL = Straight-line, DDB = Double-declining-balance Requirements 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2025. 2. For each asset, determine the book value as of December 31, 2024. Then, calculate the depreciation expense.for the first six months of 2025 and the book value as of June 30,2025 3. Prepare a partial balance sheet showing Property, Plant, and Equipment as of June 30,2025. Phead the fintintwitis in marvige te the depreciaten ing 2044, th the ice prich lo durie Ein. in Anoumalnted: e 39 +ats 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: (Click the icon to view the information.) Read the requirements. Requirement 1. Calculate the amount of monthly depreciation expense for the computer and office fumiture for 2025. Calculate a full month's depreciation. It is not necessary to prorate depreciation based on the number of days in service.) Data table + SL = Straight-line, DDB = Double-declining-balance Requirements 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2025. 2. For each asset, determine the book value as of December 31, 2024. Then, calculate the depreciation expense.for the first six months of 2025 and the book value as of June 30,2025 3. Prepare a partial balance sheet showing Property, Plant, and Equipment as of June 30,2025. Phead the fintintwitis in marvige te the depreciaten ing 2044, th the ice prich lo durie Ein. in Anoumalnted: e 39 +ats

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