Selected ledger account balances for Business Solutions follow. For Three Months Ended December 31, 2018 $ 8,600 For Three Months Faded March 31, 2019 Office equipment Accumulated depreciation office equipment Computer equipment Accumulated depreciation-Computer equipment Total revenue Total assets 10,000 625 32,194 84.460 8.600 860 10,000 1,250 45,700 121,068 Required: 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2019. Compute amounts for the year ended December 31, 2019, 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, 2019? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2019. (Hint: Total asset turnover = Net sales/ Average total assets) 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 2019. Compute amounts for the year ended December 31, 2019, for Depreciation expense-Office equipment and for Depreciation expense- Computer equipment (assume use of the straight-line method). Depreciation Expense Office equipment Computer equipment Complete this question by entering your answers in the tabs below. 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, 2019? 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, 2019. (Round your answer to 2 decimat places.) Total asset turnover