h$.$ Record Depreciation on Tangible Assets

Depreciation of the tangible $($fixed$)$ assets is calculated on an annual basis using the straight$-$line method. Other than the leased asset in $$g$,$ there were NO purchases or sales of assets during the year.

In the Excel spreadsheet, see the tab labelled $$Fixed Assets$$ to perform depreciation calculations. Please complete entire sheet $($image attached$)$ and create any journal entries.