The fixed assets have estimated useful lives as follows: Building-31.5yrs computer equipment-5.0yrs office equipment -7.0yrs use the straight-line...

The fixed assets have estimated useful lives as follows:

Building-31.5yrs

computer equipment-5.0yrs

office equipment -7.0yrs

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 building's scrap value is $500.00.

The office equipment has a scrap value of $400.00. The computer equipment has no scrap value. calculate the depreciation for one month.

computer equipment : 37500

Office equipment: 1250

building:18000