Using the Schedule of Equipment and Leasehold Improvements and the Depreciation Schedule, analyze the reasonableness of the depreciation expense for each fixed-asset category on a yearly basis and explain your findings.Assume fixed assets have a 5-year life and a mid-year purchase date.Based on your conclusions

Schedule of Equipment and Leasehold Improvements Equipment Leasehold Improvements Equipment Leasehold Improvements Equipment Leasehold Improvements Beginning Balance 525,515 143,421 T53,331 Beginning Balance T41,345 155,355 355,325 Beginning Balance 1,53?,525 255,5?1 1,353,333 2531 Additions Retirements 131,445 15,515 15,555 14?,555 15,515 25312 Additions Retirements 35?,T35 45,552 45,555 354,5?5 45,552 2533 Additions Retirements 5,353,355 125,554 135,542 i",555,345 125,554 Ending Balance T41,345 155,355 355,325 Ending Balance 1,53?,525 255,5?1 1,353,333 Ending Balance ?,324,3T5 341,513 5,255,453 Depreciation Schedule 20X1 Beginning Ending Balance Additions Retirements Balance Equipment 185,696 84,325 14,500 255,521 Leasehold Improvements 24,668 19,768 44,436 210,364 104,093 14,500 299,957 20X2 Beginning Ending Balance Additions Retirements Balance Equipment 255,521 105,718 35, 101 326, 138 Leasehold Improvements 44,436 23, 144 67,580 299,957 128,862 35, 101 393,718 20X3 Beginning Ending Balance Additions Retirements Balance Equipment 326,138 1,024,587 109,875 1,240,850 Leasehold Improvements 67,580 17,828 85,408 393,718 1,042,415 109,875 1,326,258