SP $8$ Serial Problem Business Solutions $($Algo$)$ LO P$1,$ A$1$Selected ledger account balances for Business Solutions follow. For Three Months Ended December $31,2021$For Three Months Ended March $31,2022$Office equipment$ $8,800$$ $8,800$Accumulated depreciationOffice equipment$440880$Computer equipment$24,00024,000$Accumulated depreciationComputer equipment$1,5003,000$Total revenue$31,93444,700$Total assets$83,160121,268$Required:Assume that Business Solutions does not acquire additional office equipment or computer equipment in $2022.$ Compute amounts for the year ended December $31,2022,$ for Depreciation expenseOffice equipment and for Depreciation expenseComputer equipment $($assume use of the straight$-$line method$).$Given the assumptions in part $1,$ what is the book value of both the office equipment and the computer equipment as of December $31,2022?$Compute the three$-$month total asset turnover for Business Solutions as of March $31,2022.$