Score: 0 of 3 pts 6 of 10 (5 complete HW Score: 39.1%, 782 of 20 pts S3-11 (similar to) On May 1, your company and cash of 28,800 for computers that are expected to remain used for six years the end of sex years, the vakse of the computers is expected to be Required 1. Using accounts, post the purchase of the computers on May 1 and the amortization on May 31 to the following accounts Computer Equipment Accumulated mor Computer Equipment and Aaron Expense Computer Equipment Show their balances at May 31 2. What is the computer equipment's book value at May 317 3. What amount is reported on the income statement on May 317 Requirement 1. Using T-accounts, post the purchase of the computers on May 1 and the amortization on May 31 to the following accounts Computer Equipment fecumulated Art-Computer Eget and mortation Expense Computer Equipment Show the balances at May 31 (Assume that the journal entries have been completed) Calculate the amortization expense. Determine the formula for the amortization expense, and then use the formula to calculate the amount (Round the amortization expense to the nearest whole dollar) Amortization expense