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Requirement 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2025 . (Calcula Requirement 2. For each asset, determine
Requirement 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2025 . (Calcula Requirement 2. For each asset, determine the book value as of December 31,2024 . Then, calculate the depreciation expense for the first six months of 2025 and the book value as of June 30,2025. Requirement 3. Prepare a partial balance sheet showing Property, Plant, and Equipment as of June 30, 2025. (Complete all answer boxes.) Tree Top Company Balance Sheet (Partial): June 30, 2025 Property, Plant, and Equipment: Property, Plant, and Equipment, Net Data table * SL = Straight-line; DDB = Double-declining-balance Requirements 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2025 . 2. For each asset, determine the book value as of December 31, 2024. Then, calculate the depreciation expense for the first six months of 2025 and the book value as of June 30,2025. 3. Prepare a partial balance sheet showing Property, Plant, and Equipment as of June 30,2025. (C) Time Remain Requirement 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2025 . (Calcula Requirement 2. For each asset, determine the book value as of December 31,2024 . Then, calculate the depreciation expense for the first six months of 2025 and the book value as of June 30,2025. Requirement 3. Prepare a partial balance sheet showing Property, Plant, and Equipment as of June 30, 2025. (Complete all answer boxes.) Tree Top Company Balance Sheet (Partial): June 30, 2025 Property, Plant, and Equipment: Property, Plant, and Equipment, Net Data table * SL = Straight-line; DDB = Double-declining-balance Requirements 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2025 . 2. For each asset, determine the book value as of December 31, 2024. Then, calculate the depreciation expense for the first six months of 2025 and the book value as of June 30,2025. 3. Prepare a partial balance sheet showing Property, Plant, and Equipment as of June 30,2025. (C) Time Remain
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