Avery and Zavier White 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 Year 1 - Monthly Acquisition Estimated Residual Depreciation Depreciation Expense Asset Date Cost Life Value Method Computer Mar. 2, 2019 8,250 5 years 1,300 DDB Office Furniture Mar. 3, 2019 6,700 10 years 700 SL Data table Acquisition Date Estimated Residual Value Depreciation Method* Monthly Depreciation Expense Asset Cost Estimated Life Canoes Nov. 3, 2018 8,160 8 years 0 SL 85 Land Dec. 1, 2018 105,000 n/a Building Dec. 1, 2018 249,000 15 years 15,000 SL 1,300 Canoes Dec. 2, 2018 7,680 8 years 0 SL 80 Computer Mar. 2, 2019 8,250 5 years 1,300 DDB Office Furniture Mar. 3, 2019 6,700 10 years 700 SL SL = Straight-line; DDB = Double-declining-balance = Print Done X 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