Can you show me the step by step solutions for chapter 8, problem 8sp for financial accounting: information decisions 9th edition?

Selected ledger account balances for Business Solutions follow.

	For Three Months Ended Dec. 31, 2018	For Three Months Ended March 31, 2019
Office Equipment	$8000	$800
Accumulated Depreciation-Office Equipment	800	800
Computer Equipment	20,000	20,000
Accumulated Depreciation-Computer Equipment	1,250	1,250
Total Revenue	31,284	44,000
Total Assets	83,460	120,268

Required:

1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2019. Compute amounts for the year ended December 31, 2019, for Depreciation expense - Office equipment and for Depreciation expense-Computer equipment (assume use of the straight-line method).

	Depreciation Expense
Office Equipment
Computer Equipment

2. Given the assumptions in part 1, what is the book value of both the office equipment and the computer equipment as of December 31, 2019?

	Book Value
Office Equipment
Computer Equipment

3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2019. (Round to 2 decimal places)

Total Asset Turnover

____

times