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At the beginning of 2020, there was a balance of $630,000 in Property, Plant, and Equipment. During the year, equipment that cost $60,000 originally

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At the beginning of 2020, there was a balance of $630,000 in Property, Plant, and Equipment. During the year, equipment that cost $60,000 originally and had $23,000 of accumulated depreciation was sold for $40,000. At the end of 2020, the balance in Property, Plant, and Equipment was $680,000. Assuming no other sales or disposals of property, plant, and equipment, what is the dollar value of new property, plant, and equipment purchased. OA. $90,000 B. $70,000 OC. $50,000 D. $110,000 Reset Selection Mark for Review What's This? us Next Save MacBook Air 87 8 AND

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