Blossom Corporation uses the cost model to account for its property, plant, and equipment, which were acquired on January 1, 2023, for $201000. Blossom uses straight-line depreciation and estimates the assets will have an eight-year life with no residual value. Assuming Blossom did not experience any impairment losses, the December 31, 2024, carrying amount of the assets is O $125625. O $201000. O $175875. O $150750.

Blossom Corporation uses the cost model to account for its property, plant, and equipment, which were acquired on January 1,2023, for $201000. Blossom uses straight-line depreciation and estimates the assets will have an eight-year life with no residual value. Assuming Blossom did not experience any impairment losses, the December 31, 2024, carrying amount of the assets is $125625. $201000. $175875. $150750