(Answered) The fixed assets have estimated useful lives as

Accounting

The fixed assets have estimated useful lives as follows:

building- 31.5 years

computer equipment- 5 years

office equipment- 7 years

Use 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 buildings scrap value is $500. the office equipment has a scrap value of $450. the computer equipment has no scrap value. calculate the depreciation for one month

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