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CP9-43 (similar to) Ashley and Zorro White are continuing to review business practices. Currently, they are reviewing the company's property, plant, and equipment and have

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CP9-43 (similar to) Ashley and Zorro 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 Estimated Depreciation Method Year 1 Monthly Depreciation Expense Life Asset Acquisition Date Mar 2, 2019 Mar 3, 2019 Residual Value 1,300 Cost 4,950 1,900 Computer Office Furniture DDB 3 years 5 years 700 SL Data Table Estimated Residual Value Depreciation Method Monthly Depreciation Expense S 0 SL 150 n/a Acquisition Asset Date Cost Estimated Life Cances Nov 3, 2018 $ 7 200 4 years Land Dec 1, 2018 115,000 Building Dec 1. 2018 164,000 15 years Canoes Dec. 2. 2018 6.720 4 years Computer Mar 2. 2019 4,950 3 years Office Furniture Mar 3, 2019 1,900 5 years SL - Straight-line, DDB Double-declining-balance 20,000 800 SL SL 0 1.300 1:40 DDB 700 SL

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