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Oliga [24]
3 years ago
6

At December 31, 2022, Pronghorn Corporation reported the following plant assets.

Business
1 answer:
Vesnalui [34]3 years ago
7 0

Answer and Explanation:

The preparation of the plant assets is shown below:-

                                    Plant Assets

                               Partial Balance Sheet

                                 December 31, 2013

Land                                                                        $4,897,200

Buildings                                         $26,630,000  

Less : Accumulated Depreciation $13,904,550   $12,725,450

Equipment                                                               $46,406,800  

Less : Accumulated Depreciation  $9,182,250     $37,224,550

Total Plant Assets                                                    $54,847,200

Note:- Here, Building Details for 2023 are not provided, it will be included in the accumulated depreciation above if available

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