Motown Corporation uses the straight-line depreciation method for book purposes and has the following assets. ROUND ALL ANSWERS TO THE NEAREST DOLLAR.

asset	Depreciable basis	placed in service	service life
furniture	$88,000	1/15/x0	3 years
computer equipment	22,600	6/30/x1	5 years
office machinery	68,000	11/1/x3	7 years
manufacturing equipment	108,000	2/15/x2	10 years
year ending	12/31/x3

a. Calculate current year depreciation expense on the furniture and record the journal entry:

b. Calculate current year depreciation expense on the computer and record the journal entry:

c. Calculate current year depreciation expense on the office machinery and record the journal entry:

d. Calculate current year depreciation expense on the mfg. equipment and record the journal entry:

e. Assume the manufacturing equipment remains in service throughout the next two calendar years. Calculate depreciation for 20X4 and record the journal entry:

f. Calculate the basis (net book value / book value) of the manufacturing equipment at the end of year three assuming it remains in service until that date: