Depreciation Expense During 2017, Lincoln Company acquired three assets with the following costs, estimated useful lives, and estimated salvage values: Estimated Estimated Date Asset Cost Useful Life Salvage Value April 26 Truck $27,560 4 years $5,000 June 22 Computer 34,700 7 years 3,200 October 3 Building 276,400 32 years 46,000 The 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 2017. Required: 1. Compute the depreciation expense that Lincoln will record on each of the three assets for 2017. Do not round intermediate calculations. If required, round your answers to the nearest dollar. Asset Depreciation Expense Truck Computer Building 15,040 X