Requirement 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. Begin by completing the table by entering the amounts for 2018 for the assets placed in service during 2018. In the following step we will complete the table for the first six months of 2019 for all assets placed in service prior to June 30, 2019 (Complete all answer boxes. Enter a "0" for any zero balances. Abbreviations used: Accum. = Accumulated, Depr.= Depreciation, Exp. = Expense). Asset Canoes Land Building Canoes Computer Office Furniture Acquisition Date Nov. 3, 2018 Dec 1, 2018 Dec. 1, 2018 Dec. 2, 2018 Mar. 2, 2019 Mar 3, 2019 S Cost 2018 Depr. Expense 7,200 $ 115.000 164,000 6,720 4,950 1,900 300 $ 0 800 140 Accum. Depr. Dec. 31, 2018 Enter any number in the edit fields and then click Check Answer 300 $ 0 800 140 Book Value Dec. 31, 2018 6.900 115.000 163,200 6,580 2019 Depr. Exp. Through Jun. 30 Accum. Depr. Jun. 30. 2019 Book Value Jun. 30. 2019 o prorate depreciation based on the number of days in service.) W Data Table Asset Canoes Land Building Canoes Computer Office Furniture Acquisition Date Nov. 3, 2018 Dec. 1, 2018 Dec. 1, 2018 Dec. 2, 2018 Mar. 2, 2019 Mar. 3, 2019 $ Cost Estimated Life 4 years 7,200 115,000 164,000 6,720 4,950 1,900 . SL = Straight-line; DDB = Double-declining-balance 15 years 4 years 3 years 5 years Print Done $ Estimated Residual Depreciation Value Method SL n/a SL 0 20,000 1,300 700 SL DDB SL 59 - X Monthly Depreciation Expense 150 800 140