Fix Assets: Calculate and record straight-line depreciation using IRS suggested lives (IRS Publication 956 as a guide), HALF YEAR CONVENTION, with zero salvage values. Round to the nearest whole dollar.

Document calculation individually for all assets and document journal entry for fix asset.

Fix Assets:

Lawn and Landscaping Equipment: $4,500

Leasehold Improvements: $850

Computer: $787.50

Truck: $18,200

Truck with Snow Plow: $20,000