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Depreciation Expense During 2014, Bush Company acquired three assets with the following costs, estimated useful lives, and estimated salvage values: Date Asset CostEstimated Useful LifeEstimated

Depreciation Expense

During 2014, Bush Company acquired three assets with the following costs, estimated useful lives, and estimated salvage values:

Date

Asset

CostEstimated

Useful LifeEstimated

Salvage ValueFebruary 27Truck$25,1204 years$4,000June 22Computer33,0006 years3,000November 6Building302,00030 years50,000The company uses the straight-line method to depreciate all assets and computes depreciation to the nearest month. For example, the computer system will be depreciated for six months in 2014.

Required:

Compute the depreciation expense that Bush will record on each of the three assets for 2014. Do not round intermediate calculations. If required, round your answers to the nearest dollar.

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