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what is the depreciation expense, book value, total asset turnover Selected ledger account balances for Business Solutions follow Office equipment Accumulated depreciation Office equipment Computer

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what is the depreciation expense, book value, total asset turnover

Selected ledger account balances for Business Solutions follow Office equipment Accumulated depreciation Office equipment Computer equipment Accumulated depreciation-Computer equipment Total revenue Total assets For Three Months For Three Months Ended December Ended March 31, 31, 2021 2022 $ 7,100 $ 7,100 355 710 16,000 16,000 1,000 2,000 32,184 44,100 83, 860 121,568 Required: 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2022. Compute amounts for she year ended' December 31, 2022. for Depreciation expense-Office equipment and for Depreciation expense-Computer equipment (assume use of the straight-line method) 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, 2022? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2022 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2022. Compute amounts for the year ended December 31, 2022, for Depreciation expense-Office equipment and for Depreciation expense-Computer equipment (assume use of the straight-line method). Depreciation Expense Office equipment Computer equipment Required 1 Required 2 >

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