Estimated		Year 1 - Monthly
	Acquisition		Estimated	Residual	Depreciation	Depreciation
Asset	Date	Cost	Life	Value	Method	Expense
Computer	Mar. 2, 2019	2,700	3 years	400	DDB
Office Furniture	Mar. 3, 2019	8,700	10 years	900	SL

Andrea and Zion Walker are continuing to review business practices. Currently, they are reviewing the company's property, plant, and equipment and have gathered the following information:

All three parts of the question please. Thank you!

Data Table Acquisition Date Asset Cost Estimated Life 8 years Estimated Residual Value $ Depreciation Method SL n/a Monthly Depreciation Expense $ 85 $ 8,160 75,000 248,000 5,280 14,000 SL Canoes Nov. 3, 2018 Land Dec. 1, 2018 Building Dec. 1, 2018 Canoes Dec. 2, 2018 Computer Mar 2, 2019 Office Furniture Mar. 3, 2019 1,300 SL 55 15 years 8 years 7 years 10 years 1,000 DDB 7,350 8,000 1,400 SL * SL = Straight-line; DDB = Double-declining-balance Print Done Requirements 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2019. 2. For each asset, determine the book value as of December 31, 2018. Then, calculate the depreciation expense for the first six months of 2019 and the book value as of June 30, 2019. 3. Prepare a partial balance sheet showing Property, Plant, and Equipment as of June 30, 2019 Print Done