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Question Hot CP10-43 (similar to) sche Waidi is continuing to review bus prion Cuently, the viewing the company's property tort and equipment and has gathered

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Question Hot CP10-43 (similar to) sche Waidi is continuing to review bus prion Cuently, the viewing the company's property tort and equipment and has gathered the following information Croxton to wwe foto) Requirement 1 stodole the amount of monthly precision externe for the computer and office futbare for 2018 Calente decision. It is het ecemary is porta apreciation and on the rumber of contineri YearMany Acquisition Estimate Residual Depreciation Depreciation Die Vah Method Expense Compu Mar 2, 2019 400 3yon 000 Once M. 2010 4500 300 SL 00 eprec Data Table - pre Es Estimated Residual Value Depreciation Method Monthly Depreciation Expense 3 $ 0 6 SL $ 80 n/a 15,000 SL 700 Acquisition Asset Date Cost Estimated Life Canoes Nov. 3, 2018 $ 3,840 4 years Land Dec. 1. 2018 75,000 Building Dec. 1. 2018 57.000 5 years Canoes Dec. 2. 2018 6.720 4 years Computer Mar 2, 2019 5,400 3 years Office Furniture Mar. 3, 2019 4,500 6 years SL = Straight-line; DDB = Double-declining balance 0 SL 140 600 DDB 900 SL Print Done id 0 Requirements 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2019. 2. For each asset, determine the book value as of December 31, 2018. Then, calculate the depreciation expense for the first six months of 2019 and the book value as of June 30, 2019. 3. Prepare a partial balance sheet showing Property, Plant, and Equipment as of June 30, 2019. Print Done

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