Flint Limited purchased an oil tanker depot on July $2,2023,$ at a cost of $$528,000$ and expects to operate the depot for $10$ years. After the $10$ years, Flint is legally required the dismantle the depot and remove the underground storage tanks. It is estimated that it will cost $$66,000$ to do this at the end of the depot's useful life. Flint follows ASPE. $($c$)$

Show how all relevant amounts will be reported on Flint's financial statements at December $31,2023.($Round answers to $0$ decimal

places, e$.$g$.5,250.)$

FLINT LIMITED

Balance Sheet $($Partial$)$

As at December $31,2023$

FLINT LIMITED

Income Statement $($Partial$)$

For the Year Ended December $31,2023$