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Ashley and Zain Washington are continuing to review business practices.?Currently, they are reviewing the?company's property,?plant, and equipment and have gathered the following?information: Ashley and Zain

Ashley and Zain Washington 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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Ashley and Zain Washington 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 2019. (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 X Asset Date Cost Life Value Method Expense i Data Table Computer Mar. 2, 2019 6,600 4 years 500 DDB Office Furniture Mar. 3, 2019 7,720 8 years 1,000 SL Estimated Monthly Acquisition Residual Depreciation Depreciation Asset Date Cost Estimated Life Value Method* Expense Canoes Nov. 3, 2018 $ 7,680 8 years $ 0 SL 80 Land Dec. 1, 2018 75,00 n/a Building Dec. 1, 2018 337,000 20 years 25,000 SL 1,30 Canoes Dec. 2, 2018 5,280 3 years SL 55 Computer Mar. 2, 2019 6,600 years 1,500 DDB Office Furniture Mar. 3, 2019 7,720 years 1.000 SL SL = Straight-line; DDB = Double-declining-balance Print Done Enter any number in the edit fields and then click Check Answer. ? parts Clear All Check Answer 1 3 remaining

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