Question - The fixed assets have estimated useful lives as follows: The Building and the Office Equipment have the following estimated useful lives: Building - 31.5 years Office Equipment - 7.0 years Management has decided that assets purchased during a month are treated as if purchased on the first day of the month. The building's salvage value is $8,500.00. The office equipment has a salvage value of $450.00. Calculate the depreciation for one month using the straight-line method of depreciation.