Question 3 During the year, Fine Furnishings, a manufacturer of furniture, purchased the following assets: Date Asset Cost February 15 Lathes s 40,000 50,000 October9 Warehouse 110,000 March 3 Saws In computing depreciation of these assets, which of the following conventions will be used? Half-year, mid-month x . Mid-quarter, mid-month Half-year, mid-quarter, mid-month Mid-quarter hor th tose given above