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