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...

treated as if purchased on the first day of the month.  The building’s scrap value is $8,000. The office equipment has a scrap value of $500.The computer equipment has no scrap value.  Calculate the depreciation for one month. 

AnswerCost of BuildingScrap ValueDepreciation = $20,000=$8,000= Cost price – Scrap ValueNo. of years= $20,000 - $8,00031.5=$381Depreciation for 1month =$381*1/12=$31.74 or rounded off...