For each of the following plant assets: 1. Calculate the amount to be depreciated. 2. Calculate the annual depreciation expense using the straight line method. 3. Calculate the depreciation expense for the first year.

Plant Asset	Monthly Owned First Year	Original Cost	Estimated Disposal Value	Estimated Useful Life
1. Computer	4	$10,000	1,000	3 years
2. Table	2	$13,000	1,700	7 years
3. Delivery Van	9	$60,000	11,000	15 years
4. Chairs	6	$12,000	1,300	10 years
5. Laptop	11	$40,000	1,000	4 years