Requirement 2. For each asset, determine the book value as of December 31, 2018. Then, calculate the depreciation expense for the first six months of 2019 and the book value as of June 30, 2019 Begin by completing the table by entering the amounts for 2018 for the assets placed in service during 2018. In the following step we will complete the table for the first six months of 2019 for all assets placed in service prior to June 30, 2019. (Complete all answer boxes. Enter a "0" for any zero balances. Abbreviations used: Accum. Accumulated Depr=Depreciation Exp = Expense.) Accum. Book 2018 Acquisition Date Depr. Expense Depr. Dec. 31, 2018 Value Dec. 31, 2018 Asset Cost Canoes $ Nov 3, 2018 Dec. 1. 2018 Land Dec. 1. 2018 Dec. 2. 2018 Building Canoes Computer Office Furniture 7,200 115,000 164,000 6,720 4,950 Mar 2, 2019 Mar 3, 2019 1,900 Estimated Residual Value Acquisition Date Depreciation Method" Monthly Depreciation Expense 150 Asset $ SL 0 Nov 3, 2018 $ Canoes $ n/a Land Dec 1, 2018 Cost Estimated Life 7,200 4 years 115,000 164,000 15 years 6.720 4 years 4.950 3 years 1,900 5 years 20,000 SL 800 Building Dec. 1. 2018 Dec. 2. 2018 Mar 2, 2019 0 SL Canoes 140 e 1,300 DDB Computer Office Furniture Mar 3, 2019 700 SL 2. vald SL = Straight-line, DDB = Double-declining-balance plet onth = A Print Done