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complete the balance sheet of this homework problem please. Requirement 2. Report plant assets on the December 31,2022, balance sheet. Partial Balance Sheet Depreciation It

complete the balance sheet of this homework problem please. image text in transcribed
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Requirement 2. Report plant assets on the December 31,2022, balance sheet. Partial Balance Sheet Depreciation It formation On July 1 2022, the resort expanded operations and purchased additiona: equipment for cash at a cost of $100,000. The company depreciates buildings using the straight-line method over 20 years with residual values of $80,000. Due to expected obsolescence, the equipment has a useful life of only 10 years and is being depreciated by the double-declining-balance method with a residual value of zero

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