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Copley Company incurred the following amounts in the month of December Year 1: Event Acquired equipment for $23,000 cash Paid $700 to have the equipment

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Copley Company incurred the following amounts in the month of December Year 1: Event Acquired equipment for $23,000 cash Paid $700 to have the equipment shipped to its facility Paid $1,500 to have the equipment installed Paid $1,400 for repair and maintenance on its office building Recognized depreciation of $12,000 on buildings and equipment As a result of these events, property, plant and equipment will increase Multiple Choice $14,600 $11,700 $13,200 $13.100 Copley Company incurred the following amounts in the month of December Year 1: Event Acquired equipment for $23.000 cash Paid $700 to have the equipment shipped to its facility Paid $1,500 to have the equipment installed Paid $1.400 for repair and maintenance on its office building Recognized depreciation of $12,000 on buildings and equipment As a result of these events, property, plant and equipment will increase: Multiple Choice O $14,600 O $11.700 $13,200 $13,100 $11,000 Pro 2740

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