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1. Caterpillar uses different depreciation methods for different assets. What are the three types of assets and what are the methods used? I 2. Find
1. Caterpillar uses different depreciation methods for different assets. What are the three types of assets and what are the methods used? I 2. Find Caterpillar's Plant, Property and Equipment Note to the Financial Statement. a. What are the typical useful life of each the company's operating assets? Why is there nothing showing for land or Construction-in-process? b. What is the total cost of each the company's property, plant and equipment? c. What is the total net cost of Property, plant and equipment? d. The amount of accumulated depreciation declined from 2021 to 2022. How can that be when depreciation expense was taken for 2022? 3. Does Caterpillar own any Intangibles? If so what are they and how much is the cost, accumulated amortization and net for each one at the end of 2022? (Note: Goodwill cannot be amortized and has its own footnote. Only show the net amount of Goodwill by Industry)
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