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In 2017, Carter Company acquired three assets with the following costs, estimated useful lives, and estimated salvage values: Date Asset Cost Estimated Useful Life Estimated

In 2017, Carter Company acquired three assets with the following costs, estimated useful lives, and estimated salvage values:

Date Asset Cost Estimated Useful Life Estimated Salvage Value
February 27 Truck $40,600 5 years $7,000
June 22 Computer 45,400 7 years 4,100
October 3 Building 346,000 30 years 58,000

The company uses the straight-line method to depreciate all assets and computes depreciation to the nearest month. For example, the computer system will be depreciated for six months in 2017.

Required:

1. Compute the depreciation expense that Carter will record on each of the three assets for 2017. Do not round intermediate calculations. If required, round your answers to the nearest dollar.

Asset Depreciation Expense
Truck
Computer
Building

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