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sive Problems Saved Help Save&Exit Subml Check my work Selected ledger account balances for Business Solutions follow For Three Months For Three Months Ended December

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sive Problems Saved Help Save&Exit Subml Check my work Selected ledger account balances for Business Solutions follow For Three Months For Three Months Ended December 31, Ended March 31, 2018 2017 $7,600 Office equipment Accumulated depreciation-office equipment Computer equipment Accumulated depreciation-Computer equipment Total revenue Total assets $ 7,600 760 26,000 3,250 5,300 121,068 380 26,000 1,625 31,334 83,660 Required: 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2018. Compute amounts for the year ended December 31, 2018, for Depreciation expense-Office equipment and for Depreciation expense-Computer equipment (assume use of the straight-line method). Office equipment Computer equipment mg She Saved Help Save &Exit Submit Check my work 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, 2018? k Value Office equipment Computer equipment 3. Compute the three-month total asset turnover for Business places.) Solutions as of March 31,2018. (Round your answer to 2 decimal times Prev 4 of 4l Next> Show Al mg

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