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At the beginning of 20 times 6, water Inc. reported plant assets, net of $1, 680,000. Ending plant assets, net, were $1, 360,000. Depreication for
At the beginning of 20 times 6, water Inc. reported plant assets, net of $1, 680,000. Ending plant assets, net, were $1, 360,000. Depreication for the year was $95,000. Walter reported the purchase of plant assets costing $320,000. Plant assets were sold during the year at a loss of $10,000. What must have been the sales price of those assets? $545,000 $555,000 $535.000 $630,000
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