She is i Data Table On the num! use for Estimated Life Estimated Residual Value Depreciation Method* Monthly Depreciation Expense $ 160 Estil Asset $ 4 years $ 0 SL va n/a Acquisition Date Nov. 3, 2018 Dec. 1, 2018 Dec. 1, 2018 Dec. 2. 2018 Mar. 2, 2019 Mar. 3, 2019 Canoes Land Building Canoes Computer Office Furniture Cost 7,680 85,000 225,000 9,600 6,300 10,900 SL 900 200 20 years 4 years 7 years 10 years 9,000 0 600 1,300 SL DDB SL cember d in service the asse d: Accur SL = Straight-line: DDB = Double-declining-balance Accum. Depr. Dec. 31, Print Done Done 2019 2019 in 20 2019 2019 This T Ashley Waldon is continuing to review business practices. Currently, she is reviewing the company's property, plant, and equipment and has gathered the following information E: (Click the icon to view the information) Read the requirements Requirement 1. Calculate the amount of monthly depreciation expense for the computer and office furniture for 2019. (Calculate a full month's depreciation. It is not necessary to prorate depreciation based on the number of days in service Estimated Year 1 - Monthly Acquisition Estimated Residual Depreciation Depreciation Asset Date Cost Life Value Method E xpense Computer Mar.2.2019 6,300 7 years 600 DDB Office Furniture Mar. 3. 2019 10.900 10 years 1300 SL Requirement 2. For each asset, determine the book value as of December 31 2018 Then calculate the depreciation expense for the first six months of 2019 and the book value as of June 30, 2019 Begin by completing the table by entering the amounts for 2018 for the assets placed in service during 2018. In the following step we will complete the table for the first six months of 2019 for all assets placed in service prior to June 30, 2019 ( answer boxes. Enter a "O" for any zero balances. Abbreviations used Accum. Accumulated Depr. = Depreciation: Exp = Expense ) Accum. Book 2019 Accum. Book 2018 Depr. Value Depr. Exp. Depr. Value Acquisition Depr. Dec. 31. Dec. 31. Through Jun 30, Jun 30, Asset Date Cost Expense 2018 2018 Jun 30 2019 2019 Canoes Nov. 3, 2018 5 7 .680 Land Dec 1, 2018 85,000 Choose from any list or enter any number in the input fields and then continue to the next question. Type here to search 0 B e ALIENWARE Ashley Waldon is continuing to review business practices. Currently, she is reviewing the company's property, plant, and equipment and has gathered the following information: Click the icon to view the information.) Read the requirements Office Furniture Mar 3, 2019 10.900 10 years 1,300 SL Requirement 2. For each asset, determine the book value as of December 31, 2018. Then, calculate the depreciation expense for the first six months of 2019 and the book value as of June 30, 2C Begin by completing the table by entering the amounts for 2018 for the assets placed in service during 2018. In the following step we will complete the table for the first six months of 2019 for all as answer boxes. Enter a "0" for any zero balances. Abbreviations used Accum. = Accumulated, Depr. = Depreciation. Exp. = Expense.) 2018 Depr. Expense Accum. Depr. Dec. 31. 2018 Book Value Dec. 31. 2018 2019 Depr. Exp. Through Jun 30 Accum. Depr. Jun 30 2018 2019 Book Value Jun 30, Asset 2019 Canoes $ Land Acquisition Date Nov. 3. 2018 Dec. 1. 2018 Dec. 1. 2018 Dec. 2, 2018 Mar. 2. 2019 Mar. 3. 2019 Building Cost 7,680 85,000 225,000 9,600 6.300 10,900 Canoes Computer Office Furniture Requirement 3. Prepare a partial balance sheet showing Property, Plant, and Equipment as of June 30, 2019. (Complete all answer boxes.) Choose from any list or enter any number in the input fields and then continue to the next question. Type here to search ALIENWARE Read the requirements. Requirement 3. Prepare a partial balance sheet showing Property, Plant, and Equipment as of June 30, 2019. (Complete all answer boxes.) Tree Top Company Balance Sheet (Partial): June 30, 2019 Property, plant, and Equipment: Property, Plant, and Equipment, Net Choose from any list or enter any number in the input fields and then continue to the next question. E O Type here to search