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Selected ledger account balances for Business Solutions follow office equipment Accumulated depreciation office equipment Computer equipment Accumulated depreciation Computer equipment Total revenue Total assets Foe

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Selected ledger account balances for Business Solutions follow office equipment Accumulated depreciation office equipment Computer equipment Accumulated depreciation Computer equipment Total revenue Total assets Foe Three Months Ended December 31, 2019 $ 8,100 405 28,000 1.250 31,734 82,560 For Three Months Ended March 31, 2020 $ 8,100 819 28,000 3,500 44.500 121,168 Required: 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2020. Compute amounts for the year ended December 31, 2020, 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, 2020? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2020 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. pore Wine Answer is complete but not entirely correct. 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 2020. Compute amounts for the year ended December 31, 2020, for Depreciation expense-office equipment and for Depreciation expense - Computer equipment (assume use of the straight-line method). Depreciation Expense Office equipment S 1,620 Computer equipment S 1.2153 CORREC 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, 2020? Office equipment Computer equipment Book Value 4 050 X 8.750 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the three month total asset turnover for Business Solutions as of March 31, 2020. (Round your answer to 2 decimal places.) Total asse tumover 36.72 times

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