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Calculate the amount of monthly depreciation expense for the computer and office furniture for 2019. This is a 4 part question, so try to complete

Calculate the amount of monthly depreciation expense for the computer and office furniture for 2019.

This is a 4 part question, so try to complete the entire thing based on the information given.

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Ashlyn and Zander Wallace 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 Asset Date Cost Life Value Method Expense Computer Mar. 2, 2019 5,400 3 years 400 DB Office Furniture Mar. 3, 2019 7,100 10 years 500 SL Data Table - X Estimated Monthly Acquisition Residual Depreciation Depreciation Asset Date Cost Estimated Life Value Method* Expense Canoes Nov. 3, 2018 $ 3,840 4 years $ 0 SL 80 Land Dec. 1, 2018 95,000 n/a Building Dec. 1, 2018 97,000 5 years 7,000 SL 1,500 Canoes Dec. 2, 2018 9,120 4 years SL 190 Computer Mar. 2, 2019 5,400 3 years 400 DDB Office Furniture Mar. 3, 2019 7.100 10 years 500 SL * SL = Straight-line; DDB = Double-declining-balance Print Done Enter any number in the edit fields and then click Check Answer. ? 3 parts Clear All Check Answer remaining

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