Question
At December 31, 2022, Bramble Company reported the following s plant assets. Land $4,100,000 Buildings $28,400,000 Less: Accumulated depreciation-buildings 12,870,000 15,530,000 Equipment 47,910,000 Less:
At December 31, 2022, Bramble Company reported the following s plant assets. Land $4,100,000 Buildings $28,400,000 Less: Accumulated depreciation-buildings 12,870,000 15,530,000 Equipment 47,910,000 Less: Accumulated depreciation-equipment 5,360,000 42,550,000 Total plant assets $62,180,000 During 2023, the following selected cash transactions occurred. April 1 Purchased land for $2,100,000. May 1 Sold equipment that cost $1,080,000 when purchased on January 1.2019. The equipment was sold for $ June 1 Sold land purchased on June 1, 2013 for $1,530,000. The land cost $408,000. 95F Rain off and on MIC 2 2 # $ 3 O % 40 & 5 6 7 8 1994 T 144
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