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Serial Problem Business Solutions (Algo) LO P1, A1 Selected ledger account balances for Business Solutions follow. Required: 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2021. Compute amounts for the year ended December 31, 2021, for Depreciation expense-Office equipment and for Depreciation expense-Computer equipment (assume use of the straight-line method). 2. Given the assumptions in part 1, what is the book value of both the office equipment and the computer equipment as of December 31, 2021? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2021. Complete this question by entering your answers in the tabs below. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2021 . Compute amounts for the year ended December 31,2021, for Depreciation expense-Office equipment and for Depreciation expenseComputer equipment (assume use of the straight-line method). 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2021. Compute amounts for the year ended December 31, 2021, for Depreciation expense-Office equipment and for Depreciation expense-Computer equipment (assume use of the straight-line method). 2. Given the assumptions in part 1, what is the book value of both the office equipment and the computer equipment as of December 31, 2021? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2021. Complete this question by entering your answers in the tabs below. Given the assumptions in part 1 , what is the book value of both the office equipment and the computer equipment as of December 31 , 2021? 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2021. Compute amoun for the year ended December 31, 2021, for Depreciation expense-Office equipment and for Depreciation expense-Computer equipment (assume use of the straight-line method). 2. Given the assumptions in part 1, what is the book value of both the office equipment and the computer equipment as of December 31, 2021? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2021. Complete this question by entering your answers in the tabs below. Compute the three-month total asset turnover for Business Solutions as of March 31, 2021. Note: Round your answer to 2 decimal places