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Blossom Company paid $ 2 8 , 8 0 0 to purchase equipment on January 1 , 2 0 2 4 . Blossom Company has

Blossom Company paid $28,800 to purchase equipment on January 1,2024. Blossom Company has a December 31 fiscal year end and uses straight-line depreciation. The company estimates the equipment will have a 8-year useful life.
(a)
Show the balance sheet presentation of the equipment at December 31,2024 and 2025.
\table[[\table[[BLOSSOM COMPANY],[Balance Sheet (partial)]],],[For the Month Ended December 31,]]
Carrying amount
eTexthnnk and Media
(c2)
Show the income statement presentation of the equipment at December 31,2024 and 2025.
BLOSSOM COMPANY Income Statement (partial)
December 31
2025
2024
$
$
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