Requirement 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2019. (Calculate a full month's depreciation. It is not necessary to prorate depreciation based on the number of days in service.) Estimated Residual Acquisition Estimated Year 1 - Monthly Depreciation Expense Asset Date Cost Life Depreciation Method DDB Value 3 years 600 Computer Office Furniture Mar. 2, 2019 Mar. 3, 2019 5,850 2.600 5 years 500 SL i Data Table i Requirements Acquisition Date Estimated Residual Value Asset Depreciation Method Cost Estimated Life Monthly Depreciation Expense $ 140 S 4 years $ 0 SL Nov. 3, 2018 Dec. 1. 2018 6,720 115,000 n/a 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 10 years 6,000 SL 700 Canoos Land Building Canoes Computer Office Furniture Dec. 1, 2016 Dec. 2. 2018 Mar. 2. 2019 90,000 6,240 5,850 0 SL 130 4 years 3 years 5 years 600 DDB ? Mar. 3. 2019 2,600 500 SL Print Done SL = Straight-line; DDB = Double-declining-balance