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At December 3 1 , 2 0 2 2 , Dynamic Exploration s balance sheet showed total PPE assets of $ 9 4 8 ,

At December 31,2022, Dynamic Explorations balance sheet showed total PPE assets of $948,000 and total accumulated depreciation of $407,977 as detailed in the PPE Subledger below. Dynamic calculates depreciation to the nearest whole month.
Cost Information Depreciation
Description Date of Purchase Depreciation1 Method Cost2 Residual Life Balance of Accum.
Deprec.
Dec. 31,2022
Building May 2,2017 S/L $ 750,000 $ 300,00010 yr. $ 255,000
Modular Furniture May 2,2017 S/L 108,00006 yr.102,000
Truck Jan.25,2020 DDB 90,00015,0008 yr.50,977
1 S/LStraight-Line; DDBDouble-Declining-Balance.
2 There have been no disposals or subsequent capital expenditures since the date of purchase.
Assume that the only other assets at December 31,2022, were total current assets of $348,000. Prepare the asset section of Dynamic Explorations classified balance sheet at December 31,2022.

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