How to solve

Ashley and Zavier Walworth are continuing to review business practices. Currently, they are reviewing the company's property, plant, and equipment and have gathered the following information:

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Read the requirements.

Requirement $1.$ Calculate the amount of monthly depreciation expense for the computer and office furniture for $2025.($Calculate a full month's depreciation. It is not necessary to depreciation based on the number of days in service.$)$

$\backslash$table$[[,.,,,$Estimated,,Year $1-$ Monthly$],[$Asset$,\backslash$table$[[$Acquisition$],[$Date$]],$Cost,$\backslash$table$[[$Estimated$],[$Life$]],\backslash$table$[[$Residual$],[$Value$]],\backslash$table$[[$Depreciation$],[$Method$]],\backslash$table$[[$Depreciation$],[$Expense$]]],[$Computer$,$Mar. $2,2025,10,500,7$ years,$1,500,$DDB$,],[$Office Furniture,Mar. $3,2025,6,480,8$ years,$1,200,$SL$,]]$

Data table

$\backslash$table$[[$Asset$,\backslash$table$[[$Acquisition$],[$Date$]],,$ost,Estimated Life,$\backslash$table$[[$Estimated$],[$Residual$],[$Value$]],\backslash$table$[[$Depreciation$],[$Method$*]],,\backslash$table$[[$ly$],[$ation$],[$se$]]],[$Canoes$,$Nov. $3,2024,$$$,3,360,4$ years,$$,$SL$,$$$,70],[$Land$,$Dec. $1,2024,,70,000,,,\frac{n}{a},,],[$Building$,$Dec. $1,2024,,93,000,5$ years,$9,000,$SL$,,1,400],[$Canoes$,$Dec. $2,2024,,8,160,4$ years,$0,$SL$,,170],[$Computer$,$Mar. $2,2025,,10,500,7$ years,$1,500,$DDB$,,],[$Office Furniture,Mar. $3,2025,+,6,480,8$ years,$1,200,$S$\mathrm{.}1.,,]]$