Selected ledger account balances for Business Solutions follow. For Three Months For Three Months Ended December 31, Ended March 31, 2021 2022 Office equipment $ 8,800 $ 8,800 Accumulated depreciation-office equipment 440 880 Computer equipment 26,000 26,000 Accumulated depreciation-Computer equipment 1,625 3,250 Total revenue 31,734 44,200 Total assets 84,060 121,968 Required: 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2022. Compute amounts for the year ended December 31, 2022, for Depreciation expense-Office equipment and for Depreciation expense-Computer 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, 2022? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2022. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2022. Compute amounts for the year ended December 31, 2022, for Depreciation expense-Office equipment and for Depreciation expense- Computer equipment (assume use of the straight-line method). Depreciation Expense Office equipment Computer equipment Required 1 Required 2 Required 3 Given the assumptions in part 1, what is the book value of both the office equipment and the computer equipment as of December 31, 2022? Book Value Office equipment Computer equipment Required 1 Required 2 Required 3 Compute the three-month total asset turnover for Business Solutions as of March 31, 2022. (Round your answer to 2 decimal places.) Total asset turnover times