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At December 31, 2022, Blue Corporation reported the following plant assets. Land $ 4,548,000 $26,520,000 18,078,300 Buildings Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation-equipment 8,441,700

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At December 31, 2022, Blue Corporation reported the following plant assets. Land $ 4,548,000 $26,520,000 18,078,300 Buildings Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation-equipment 8,441,700 60,640,000 7,580,000 53,060,000 Total plant assets $66,049,700 During 202 the follo During 2023, the following selected cash transactions occurred. . 1 May 1 Purchased land for $3,335,200. Sold equipment that cost $909,600 when purchased on January 1, 2016. The equipment was sold for $257320 Sold land for $2.425,000. The land cost $1.516.000 Purchased equipment for $1.667.600, June 1 July 1 Dec 31 Retired equipment that cost $1,061,200 when purchased on December 31, 2012. No salvage value was received Prepare the plant assets section of Blue's balance sheet at December 31, 2023. (Hint: You may wish to set up T accounts, post beginning balances, and then post 2023 transactions.) (List Plant Assets in order of Land, Building and Equipment) BLUE CORPORATION Partial Balance Sheet

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