Avery and Zeus Walker 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 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 Asset Acquisition Date Estimated Residual Depreciation Depreciation Cost Life Value Method Expense Computer Mar. 2, 2025 3,150 3 years 700 DDB Office Furniture Mar. 3, 2025 7,140 8 years 900 SL Data table - Estimated Asset Acquisition Date Residual Depreciation Monthly Depreciation Cost Estimated Life Value Method* Expense Canoes Nov. 3, 2024 $ 7,200 4 years 0 SL $ 150 Land Dec. 1, 2024 65,000 n/a Building Dec. 1, 2024 57,000 5 years 9,000 SL 800 Canoes Dec. 2, 2024 5,760 4 years 0 SL 120 Computer Mar. 2, 2025 3,150 3 years 700 DDB Office Furniture Mar. 3, 2025 7,140 8 years 900 SL * SL = Straight-line; DDB Double-declining-balance Print Done 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. Print Done