Khonner Stores, Inc., sells electronics and appliances. The excerpts that follow ane adaptod from Khonners financiat statements for 2021 and 2020. (Click the icon to view the partial balance sheet and cash flow statement) Read the requirements. Requirement 1. How much was Khonnor's cost of plant assets at March 31, 2021? How much was the book value of plant assets? Show computatons. (Enter amounts in millions as provided in the problem statement) The cost of plant assets at March 31, 2021 is Determine the formula and enter the amounts to calculate the book value of plant assets at March 31, 2021 Requirement 2. The francial tatoments provide three pleces of evidence that Khonner purchased plant assets and goodeil during fiscal year 2021. What 1 3. Data table statements for 2021 plant assets? Show o goodwill during fiscal you statements for 2 plant assets? Sho Requirements 1. How much was Khonner's cost of plant assets at March 31, 2021? How much was the book value of plant assets? Show computations. 2. The financial statements provide three pieces of evidence that Khonner purchased plant assets and goodwill during fiscal year 2021. What are they? 3. T-accounts for Property, Plant, and Equipment; Accumulated Depreciation; and Goodwill have been prepared for you. Fill in the T-accounts with information from the comparative balance sheets and cash flow statements. Label each increase or decrease and give its dollar amount. 4. Prepare the journal entry for the sale of property, plant, and equipment in 2021. Requirement 1. How much was Khonner's cost of plant assets at March 31, 2021? How much was the book value of plant assets? Show computations. (Enter amounts in milions as provided in the problem statement.) The cost of plant assets at March 31, 2021 is Dotermine the formula and enter the amounts to calculate the book value of plant assets at March 31, 2021. Book value Requirement 2. The financial statements provide three pleces of evidence that Khonner purchased plant assets and goodwil during fiscal year 2021. What are they? 1 2 3. Khonner Stores, Inc, sells electronics and appliances. The excerpts that follow are adapted from Khonner's financial statements for 2021 and 2020. (Click the icon to view the partiai balance sheet and cash flow statement.) Read the reguirements. Requirement 3. T-aocounts for Property. Plamt, and Equipment; Accumulated Depreciation, and Goodwill have boen prepared for you. Fis in the T-acoounts with information from the comparative balance shoots and cash llow statements, Labol each increase or docrease and give its dolfar amount. (Abbreviation used: Accum. Depr, = Accumilated Degreciation. Entor amounis in millions as provided in the problem statement.) Begin by completing the T-account for Property, Plant, and Equipment. Khonner Stores, Inc., seils electronics and appliances. The excerpts that follow are adapted from Khonner's financiat statements for 2021 and 2020. (Click the icon to view the partial balance sheet and cash flow statement.) Read the requirements, Next, complete the Traccount for Accumulated Depreciaticn Finally, compiote the T-account for Goodwill. Khonner Stores, Inc., sells electronics and appliances. The excerpts that follow are adapted from Khonner's financial statements for 2021 and 2020. (Click the icon to view the partial balance sheet and cash flow statement.) Read the requirements. Finaily, complete the T-account for Goodwill. Requirement 4. Propare the journal entry for the sale of property, plant, and equipment in 2021. (Record debits firat, then oredits. Exclude oxplanations from journal entrieb. Enter amounts in millions as provided in the problem statement.) Khonner Stores, Inc., sells electronics and appliances. The excerpts that follow are adapted from Khonner's financial statements for 2021 and 2020. (Click the icon to view the partial balance sheet and cash flow statement) Read the requirements. Requirement 4. Prepare the journal entry for the sale of property. plant, and equipment in 2021. (Record debits first, then credits. Exclude explanations from joumal entries. Enter amounts in millions as provided in the problem statement.) Khonner Stores, Inc., sells electronics and appliances. The excerpts that follow ane adaptod from Khonners financiat statements for 2021 and 2020. (Click the icon to view the partial balance sheet and cash flow statement) Read the requirements. Requirement 1. How much was Khonnor's cost of plant assets at March 31, 2021? How much was the book value of plant assets? Show computatons. (Enter amounts in millions as provided in the problem statement) The cost of plant assets at March 31, 2021 is Determine the formula and enter the amounts to calculate the book value of plant assets at March 31, 2021 Requirement 2. The francial tatoments provide three pleces of evidence that Khonner purchased plant assets and goodeil during fiscal year 2021. What 1 3. Data table statements for 2021 plant assets? Show o goodwill during fiscal you statements for 2 plant assets? Sho Requirements 1. How much was Khonner's cost of plant assets at March 31, 2021? How much was the book value of plant assets? Show computations. 2. The financial statements provide three pieces of evidence that Khonner purchased plant assets and goodwill during fiscal year 2021. What are they? 3. T-accounts for Property, Plant, and Equipment; Accumulated Depreciation; and Goodwill have been prepared for you. Fill in the T-accounts with information from the comparative balance sheets and cash flow statements. Label each increase or decrease and give its dollar amount. 4. Prepare the journal entry for the sale of property, plant, and equipment in 2021. Requirement 1. How much was Khonner's cost of plant assets at March 31, 2021? How much was the book value of plant assets? Show computations. (Enter amounts in milions as provided in the problem statement.) The cost of plant assets at March 31, 2021 is Dotermine the formula and enter the amounts to calculate the book value of plant assets at March 31, 2021. Book value Requirement 2. The financial statements provide three pleces of evidence that Khonner purchased plant assets and goodwil during fiscal year 2021. What are they? 1 2 3. Khonner Stores, Inc, sells electronics and appliances. The excerpts that follow are adapted from Khonner's financial statements for 2021 and 2020. (Click the icon to view the partiai balance sheet and cash flow statement.) Read the reguirements. Requirement 3. T-aocounts for Property. Plamt, and Equipment; Accumulated Depreciation, and Goodwill have boen prepared for you. Fis in the T-acoounts with information from the comparative balance shoots and cash llow statements, Labol each increase or docrease and give its dolfar amount. (Abbreviation used: Accum. Depr, = Accumilated Degreciation. Entor amounis in millions as provided in the problem statement.) Begin by completing the T-account for Property, Plant, and Equipment. Khonner Stores, Inc., seils electronics and appliances. The excerpts that follow are adapted from Khonner's financiat statements for 2021 and 2020. (Click the icon to view the partial balance sheet and cash flow statement.) Read the requirements, Next, complete the Traccount for Accumulated Depreciaticn Finally, compiote the T-account for Goodwill. Khonner Stores, Inc., sells electronics and appliances. The excerpts that follow are adapted from Khonner's financial statements for 2021 and 2020. (Click the icon to view the partial balance sheet and cash flow statement.) Read the requirements. Finaily, complete the T-account for Goodwill. Requirement 4. Propare the journal entry for the sale of property, plant, and equipment in 2021. (Record debits firat, then oredits. Exclude oxplanations from journal entrieb. Enter amounts in millions as provided in the problem statement.) Khonner Stores, Inc., sells electronics and appliances. The excerpts that follow are adapted from Khonner's financial statements for 2021 and 2020. (Click the icon to view the partial balance sheet and cash flow statement) Read the requirements. Requirement 4. Prepare the journal entry for the sale of property. plant, and equipment in 2021. (Record debits first, then credits. Exclude explanations from joumal entries. Enter amounts in millions as provided in the problem statement.)