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Selected ledger account balances for Business Solutions follow. Ofice equipment Accumulated depreciation office equipment Computer equipment Accumulated depreciation-Computer equipment Total revenue Total assets For Three

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Selected ledger account balances for Business Solutions follow. Ofice equipment Accumulated depreciation office equipment Computer equipment Accumulated depreciation-Computer equipment Total revenue Total assets For Three Months Ended December 31, 2019 $8,700 435 26,000 1,625 31, 434 84,360 For Three Months Ended March 31, 2020 $8,700 870 26,000 3,250 44,800 120,868 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 , 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2020, 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, 20207 Book Value Omice equipment Computer equipmom

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