Required: 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2020. Compute amounts for the year ended December 31, 2020, for Depreciation expense-Office equipment and for Depreciation expense-Computer equipment (assume use of the straight-line method). 2. Given the assumptions in part 1, what is the book value of both the office equipment and the computer equipment as of December 31, 2020? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2020 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2020. Compute amounts for the year ended December 31, 2020, for Depreciation expense--Office equipment and for Depreciation expense- Computer equipment (assume use of the straight-line method). Depreciation Expense Office equipment Computer equipment office equipment Accumulated depreciation office equipment Computer equipment Accumulated depreciation Computer equipment Total revenue Total asset For Three Months Ended December 31, 2019 $ 7,800 390 26,000 1,625 31,334 83,560 For Three Months Ended March 31, 2020 $ 7,800 780 26,000 3,250 45,500 120, 768