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For Three Months Ended December 31,Ended March 31, 2918 2017 $ 7,700 Office equipment Accunulated depreciation-Office equipment Computer equipment Accunulated depreciation-Computer equipment 385 18,000 1,125

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For Three Months Ended December 31,Ended March 31, 2918 2017 $ 7,700 Office equipment Accunulated depreciation-Office equipment Computer equipment Accunulated depreciation-Computer equipment 385 18,000 1,125 32,034 83,960 18,800 2,250 44,380 121,868 Total revenue Total assets Required 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2018. Compute amounts the year ended (assume use of the straight-line method). December 31, 2018, for Depreciation expense-Office equipment and for Depreciation expense-Computer equipm Expense Office nt 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, 2018? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2018, (Round your answer to 2 decimal places.)

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