must use these headings. answer within the hour. only the balbce sheet needs to be answered. thanks!

10 years 10 years Courtland Corp.'s property, plant and equipment subledger at January 1, 2014 appeared as follows: Cost Information Depreciation/Amortization Amort Accum Balance Expense for Accum. Balance Description Purchase Date Method Cost Residual Life Dec 31, 2013 2014 Dec 31, 2014 Building September 1, 2011 SIL 243,300 15,300 Furniture July 1, 2013 DDB 156,000 40,500 Trucks March 1, 2012 Units 302,000 10,000 1,168,000 km Boats January 1, 2012 S/L 53,400 6,600 Machinery July 1, 2013 DDB 120,000 34,600 5 years Copyright May 1, 2010 S/L 54,000 0 5 years Equipment July 3, 2014 DDB 33,230 4,000 3 years Machinery July 3, 2014 DDB 25,770 4,000 6 years 6 years Additional information: Courtland Corp. calculates depreciation and amortization to the nearest month. S/L = Straight Line: DDB = Double-Declining Balance; Units = Units of Production There have been no disposals, revisions, or impairments prior to January 1, 2014 Actual kilometers driven by the trucks: 2012 - 347,000; 2013 - 247.000; 2014 - 344,000 At the beginning of 2014, it was determined that the boats would be used for 1 year less than originally estimated. Used equipment and machinery were purchased on July 3, 2014, for a total of $59,000 at a bankruptcy sale. The appraised value of the equipment was $49,000 and of the machinery $38,000. The old machinery was given to a charitable organization on July 6, 2014 The estimated useful lives and residual values of the July 3 purchases were 3 years and $4,000 for the equipment, and 6 years and $4,000 for the machinery. These assets will be depreciated using the DDB method Complete the PPE asset subledger, round depreciation per unit of production to the nearest cent; round your final answers to the nearest dollar Using the information from the PPE asset subledger and the following December 31, 2014 adjusted account balances, complete the income statement (showing all depreciation and amortization expenses together under expenses) and a statement of changes in equity for the year ended December 31, 2014 along with the December 31, 2014 classified balance sheet. Assume that the corporation issued $103,800 worth of shares during 2014 Account Accounts payable Bonds payable Cash Consulting revenue earned Dividends Income taxes expense Interest earned Interest expense Land Long-term investment in shares Loss on sale/disposal Mortgage payable Rent earned Retained earnings Share capital Supplies Unearned rent Balance 16,700 132,600 51,600 97,000 44,800 26,300 174,700 18,600 80,200 48,500 76,800 47,200 63,200 143,500 204,000 51,400 133,700 (select one) Balance Sheet (select one X x X Choose an Account or Heading Categories: Accounts and Headings: All Accounts payable Assets Accounts receivable Liabilities Accumulated amortization, copyright Equity Accumulated amortization, patents Equity Accumulated amortization, trademark Revenues Accumulated depreciation, automobiles Expenses Accumulated depreciation, boats Other Accumulated depreciation, building Headings & Totals Accumulated depreciation, equipment ho Accumulated depreciation, furniture Accumulated depreciation, land improvement Accumulated depreciation, machinery Accumulated depreciation, trucks Advertising expense Advertising payable Allowance for doubtful accounts Amortization expense, copyright Amortization expense, patents Search: Mannnl tegories: sets bilities uity quity evenues xpenses ther adings & Totals Choose an Account or Heading Accounts and Headings: uTIO CIzaCOTT , Amortization expense, patents Assets Automobiles Balance, December 31 Balance, January 1 Boats Bonds payable Building Cash Commissions earned Consulting revenue earned Copyright Cost of goods sold Current assets Current liabilities Delivery expense Depreciation expense Search: Erase Cancel Choose an Account or Heading =gories: Accounts and Headings: Depreciation expense ets Depreciation expense, automobiles lities Depreciation expense, boats ty Depreciation expense, building ity Depreciation expense, equipment venues Depreciation expense, furniture penses Depreciation expense, land improvements er Depreciation expense, machinery dings & Totals Depreciation expense, trucks Dividends Equipment Equity Expenses Furniture Gain on exchange Gain on sale/disposal Income summary Uncome taxes expense Search: Frase Cancel Choose an Account or Heading gories: Accounts and Headings: Income taxes expense 5 Income taxes payable dies Insurance expense - Intangible assets ty Interest earned enues Interest expense enses Interest payable er Interest receivable ngs & Totals Investment in bonds Issuance of shares Land Land improvements Liabilities Long-term investment in shares Long-term investments Long-term liabilities Long-term notes payable Lace an avohonan Search: Erase Cancel Choose an Account or Heading ories: Accounts and Headings: Long-term notes payable 5 Loss on exchange cies Loss on sale/disposal Machinery Merchandise inventory enues Mortgage payable nses Net income r Net loss ngs & Totals Notes receivable Office salaries expense Office supplies expense Patents Prepaid advertising Prepaid insurance Prepaid interest Prepaid rent Property taxes expense Dranortu tavec navabla Search: Erase Cancel Choose an Account or Heading gories: Accounts and Headings: Topony Ourporto Property taxes payable 5 Property, plant and equipment ties Rent earned 1 Rent expense ty Rent expense, office space enues Rent expense, selling space enses Rent payable er Rent receivable ings & Totals Repair expense Retained earnings Revenues Salaries expense Salaries payable Sales Sales discounts Sales returns and allowances Sales salaries expense Search: Erase Cancel Choose an Account or Heading pries: Accounts and Headings: Sales salaries expense Share capital es Short-term notes payable Store supplies expense 1 1 Supplies nues Supplies expense ses Total assets Total current assets ags & Totals Total current liabilities Total equity Total expenses Total intangible assets Total liabilities Total liabilities and equity Total long-term investments Total long-term liabilities Total property, plant and equipment Total revenues Search: Choose an Account or Heading tegories: Accounts and Headings: Total assets sets Total current assets bilities Total current liabilities uity Total equity quity Total expenses evenues Total intangible assets xpenses Total liabilities Other Total liabilities and equity eadings & Totals Total long-term investments Total long-term liabilities Total property, plant and equipment Total revenues Trademark Trucks Unearned consulting revenue Unearned rent Unearned revenue Utilities expense Search: Dn AI 10 years 10 years Courtland Corp.'s property, plant and equipment subledger at January 1, 2014 appeared as follows: Cost Information Depreciation/Amortization Amort Accum Balance Expense for Accum. Balance Description Purchase Date Method Cost Residual Life Dec 31, 2013 2014 Dec 31, 2014 Building September 1, 2011 SIL 243,300 15,300 Furniture July 1, 2013 DDB 156,000 40,500 Trucks March 1, 2012 Units 302,000 10,000 1,168,000 km Boats January 1, 2012 S/L 53,400 6,600 Machinery July 1, 2013 DDB 120,000 34,600 5 years Copyright May 1, 2010 S/L 54,000 0 5 years Equipment July 3, 2014 DDB 33,230 4,000 3 years Machinery July 3, 2014 DDB 25,770 4,000 6 years 6 years Additional information: Courtland Corp. calculates depreciation and amortization to the nearest month. S/L = Straight Line: DDB = Double-Declining Balance; Units = Units of Production There have been no disposals, revisions, or impairments prior to January 1, 2014 Actual kilometers driven by the trucks: 2012 - 347,000; 2013 - 247.000; 2014 - 344,000 At the beginning of 2014, it was determined that the boats would be used for 1 year less than originally estimated. Used equipment and machinery were purchased on July 3, 2014, for a total of $59,000 at a bankruptcy sale. The appraised value of the equipment was $49,000 and of the machinery $38,000. The old machinery was given to a charitable organization on July 6, 2014 The estimated useful lives and residual values of the July 3 purchases were 3 years and $4,000 for the equipment, and 6 years and $4,000 for the machinery. These assets will be depreciated using the DDB method Complete the PPE asset subledger, round depreciation per unit of production to the nearest cent; round your final answers to the nearest dollar Using the information from the PPE asset subledger and the following December 31, 2014 adjusted account balances, complete the income statement (showing all depreciation and amortization expenses together under expenses) and a statement of changes in equity for the year ended December 31, 2014 along with the December 31, 2014 classified balance sheet. Assume that the corporation issued $103,800 worth of shares during 2014 Account Accounts payable Bonds payable Cash Consulting revenue earned Dividends Income taxes expense Interest earned Interest expense Land Long-term investment in shares Loss on sale/disposal Mortgage payable Rent earned Retained earnings Share capital Supplies Unearned rent Balance 16,700 132,600 51,600 97,000 44,800 26,300 174,700 18,600 80,200 48,500 76,800 47,200 63,200 143,500 204,000 51,400 133,700 (select one) Balance Sheet (select one X x X Choose an Account or Heading Categories: Accounts and Headings: All Accounts payable Assets Accounts receivable Liabilities Accumulated amortization, copyright Equity Accumulated amortization, patents Equity Accumulated amortization, trademark Revenues Accumulated depreciation, automobiles Expenses Accumulated depreciation, boats Other Accumulated depreciation, building Headings & Totals Accumulated depreciation, equipment ho Accumulated depreciation, furniture Accumulated depreciation, land improvement Accumulated depreciation, machinery Accumulated depreciation, trucks Advertising expense Advertising payable Allowance for doubtful accounts Amortization expense, copyright Amortization expense, patents Search: Mannnl tegories: sets bilities uity quity evenues xpenses ther adings & Totals Choose an Account or Heading Accounts and Headings: uTIO CIzaCOTT , Amortization expense, patents Assets Automobiles Balance, December 31 Balance, January 1 Boats Bonds payable Building Cash Commissions earned Consulting revenue earned Copyright Cost of goods sold Current assets Current liabilities Delivery expense Depreciation expense Search: Erase Cancel Choose an Account or Heading =gories: Accounts and Headings: Depreciation expense ets Depreciation expense, automobiles lities Depreciation expense, boats ty Depreciation expense, building ity Depreciation expense, equipment venues Depreciation expense, furniture penses Depreciation expense, land improvements er Depreciation expense, machinery dings & Totals Depreciation expense, trucks Dividends Equipment Equity Expenses Furniture Gain on exchange Gain on sale/disposal Income summary Uncome taxes expense Search: Frase Cancel Choose an Account or Heading gories: Accounts and Headings: Income taxes expense 5 Income taxes payable dies Insurance expense - Intangible assets ty Interest earned enues Interest expense enses Interest payable er Interest receivable ngs & Totals Investment in bonds Issuance of shares Land Land improvements Liabilities Long-term investment in shares Long-term investments Long-term liabilities Long-term notes payable Lace an avohonan Search: Erase Cancel Choose an Account or Heading ories: Accounts and Headings: Long-term notes payable 5 Loss on exchange cies Loss on sale/disposal Machinery Merchandise inventory enues Mortgage payable nses Net income r Net loss ngs & Totals Notes receivable Office salaries expense Office supplies expense Patents Prepaid advertising Prepaid insurance Prepaid interest Prepaid rent Property taxes expense Dranortu tavec navabla Search: Erase Cancel Choose an Account or Heading gories: Accounts and Headings: Topony Ourporto Property taxes payable 5 Property, plant and equipment ties Rent earned 1 Rent expense ty Rent expense, office space enues Rent expense, selling space enses Rent payable er Rent receivable ings & Totals Repair expense Retained earnings Revenues Salaries expense Salaries payable Sales Sales discounts Sales returns and allowances Sales salaries expense Search: Erase Cancel Choose an Account or Heading pries: Accounts and Headings: Sales salaries expense Share capital es Short-term notes payable Store supplies expense 1 1 Supplies nues Supplies expense ses Total assets Total current assets ags & Totals Total current liabilities Total equity Total expenses Total intangible assets Total liabilities Total liabilities and equity Total long-term investments Total long-term liabilities Total property, plant and equipment Total revenues Search: Choose an Account or Heading tegories: Accounts and Headings: Total assets sets Total current assets bilities Total current liabilities uity Total equity quity Total expenses evenues Total intangible assets xpenses Total liabilities Other Total liabilities and equity eadings & Totals Total long-term investments Total long-term liabilities Total property, plant and equipment Total revenues Trademark Trucks Unearned consulting revenue Unearned rent Unearned revenue Utilities expense Search: Dn AI