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Cook Company has the following selected financial statement items for 2021, presented in no particular order: Accounts payable $ 10,500 Accounts receivable 8,000 Accumulated depreciation

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Cook Company has the following selected financial statement items for 2021, presented in no particular order: Accounts payable $ 10,500 Accounts receivable 8,000 Accumulated depreciation 4,800 Cash 24,000 Rent expense 27,000 Depreciation expense 4,800 Equipment 44,000 Sales revenue 50,500 Supplies 4,500 Unearned service revenue 8,000 Think about our coverage of the classified balance sheet in Chapter 2. Based on the information above, what is the total amount that would be reported as "property, plant, and equipment" on the classified balance sheet at 12/31/2021? O'a) $44,000 (b) $48,500 O c) None of the choices are correct. O d) $39,200 - Oe ) $43, 700 Previous Page Next Page

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