Sry last question posted wifi went out and picture didn't upload right

ents Homework: Ch. 3 Homework-The Adjusting Process S3-8 (similar to) Assynneet Score: 2.32% (1 of 43 pts) s of 15 On July 1 Beston Gold Exchange paid cash of $52,800 for computers that are expected to remain useful for four years. At the end of four years, the value of the computersis expected to be zero Requirements 1. Calculate the amount of depreciation for the month of July using the straight-line depreciation method 2. Record the adjusting entry for depreciation on July 31 3. Post the purchase of July 1 and the depreciation on July 31 to T-accounts for the following accounts Computer Equipment, Accumulated DepreciationComputer Equpment EqupmentE and Depreciation Expense-Computer Equipment Show their balances at July 31 What is the computer equipment's book value at July 31 Requirement 1. Calculate the amount of depreciation for the month of July using the straight-ine depreciation method Begin by selecting the labels. than enter the amounts and compute the amount of depreciation for the month of July Abbreviation used Acc Degreciation uted Deprecat on Enter a for any zero balances ) )7 12 monthsStraght-ine depreciation