Complete the following records on the appropriate template that you can download from the Bounce Fitness website.

2aBounce Fitness has purchased three new assets today. Record these in an asset register.

Mazda 3 car. Asset ID VEH767, purchase price $23,000, paid through financing 100%. Serial number 782738829

Dell Inspiron 677 computer, asset ID COM398, purchase price $1,200, paid in cash. Serial number I878378Y

Luton Scientific FV677 Microscope, asset ID EQU2819, purchase price

$980, paid in cash. Serial number 478372819

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2bBounce Fitness lost its old vehicle (VEH219) through theft. Its details are in the asset register. Add it to the disposal register.

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2cPrepare depreciation schedules for each of the new assets, and within the fixed asset register, add the first year 's depreciation. Assume that Bounce Fitness uses a standard straight line method. Cars have a useful life of 5 years, computers 3 years and equipment 6 years. Salvage values will equal 25% of the purchase price.

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Please answer these 3 questions