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The fixed assets have estimated useful lives as follows:Building - 31.5 yearsComputer Equipment - 5.0 yearsOffice Equipment - 7.0 yearsUse the straight-line method of depreciation.Management
The fixed assets have estimated useful lives as follows:Building - 31.5 yearsComputer Equipment - 5.0 yearsOffice Equipment - 7.0 yearsUse the straight-line method of depreciation.Management has decided that assets purchased during a month are treated as if purchased on the first day of the month.The building's scrap value is $7,500. The office equipment has a scrap value of $300.The computer equipment has no scrap value.Calculate the depreciation for one month. round the answer two decimal places. the cost is 131000
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