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Kane Biotech was preparing the annual financial statements and, as part of the year-end procedures, assessed the assets and prepared the following alphabetized schedule based

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Kane Biotech was preparing the annual financial statements and, as part of the year-end procedures, assessed the assets and prepared the following alphabetized schedule based on adjusted values at December 31, 2023: (Do not round intermediate calculations. Round final answers to nearest whole dollar.) DDB = Double-declining-balance; SL= Straight-Hne; Units = Units-of-production; N/A = Not applicable Required: Record any impairment losses at December 31, 2023. Assume Kane Biotech has recorded no impairment losses in previous years: Journal entry worksheet 2. Record depreciation for each asset at December 31,2024 . Assume that there was no change in the residual values or useful lives regardless of any impairment losses that might have occurred. The equipment produced 2,750 units during 2024. Journal entry worksheet Record the revised depreciation on equipment. Note: Frter debits before redite Journal entry worksheet Record the depreciation on furniture. Note: Enter debits before credits. Journal entry worksheet Record the depreciation on office building. Note: Enter debits before credits. Journal entry worksheet

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