Complete 2 tables and the last question thanks

Instructions On July 1, 2016, Dexter Corp. buys a computer system for $505,000 in cash. Assume that the computer is expected to have a four-year life and an estimated salvage value of $25,000 at the end of that time. Required: 1. Prepare the journal entry to record the purchase of the computer on July 1, 2016. 2. Compute the depreciable cost of the computer. Using the straight-line method, compute the monthly depreciation 4. Prepare the adjusting entry to record depreciation at the end of July 2016. 5. Compute the computer' s carrying value that will be shown on Dexter s balance sheet prepared on December 31, 2016