Statement of Financial Position Presentation}

The following information relates to the assets of Westfield Semiconductors as of December 31, 2018. Westfield uses the straight-line method for depreciation and amortization for all assets except for the truck, which they use the units of production method.

\section*{Required:}
Use the information above to prepare the property, plant, and equipment and intangible assets portions of a classified statement of financial position for Westfield.
\section*{Exercise

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Acquisition Asset Land Building Cost $104,300 Estimated Expected Life Estimated Residual Value Time Used Infinite $100,000 10 years 430,000 25 years 30,000 10 years