Selected ledger account balances for Business Solutions follow.

		For Three Months Ended December 31, 2015			For Three Months Ended March 31, 2016
	Office equipment	$	7,700		$	7,700
	Accumulated depreciationOffice equipment		385			770
	Computer equipment		20,000			20,000
	Accumulated depreciationComputer equipment		1,250			2,500
	Total revenue		31,384			44,000
	Total assets		83,160			120,868

Required

1.	Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2016. Compute amounts for the year ended December 31, 2016, for Depreciation expenseOffice equipment and for Depreciation expenseComputer 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, 2016?

3.	Compute the three-month total asset turnover for Business Solutions as of March 31, 2016. (Round your answer to 2 decimal places.)