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NEED DONE ASAP THANK YOU! Question 8 of 9 (To record sale of equipment) torecord depecciation on equipment retired? (Torecord disposal of equipment) Prepare the
NEED DONE ASAP THANK YOU!
Question 8 of 9 (To record sale of equipment) torecord depecciation on equipment retired? (Torecord disposal of equipment) Prepare the plant assets section of Monty's balance sheet at December 31, 2026. (List Plant Assets in order of Land, Eluilding, and Equipment.) Current Attempt in Progress At December 31, 2025, Monty Corporation reported the following plant assets. During 2026, the following selected cash transactions occurred Apr. 1 Purchased land for $3,434,200 May 1 Sold equipment that cost $936,600 when purchased on January 1.2019. The equipment was sold for $265,370. June 1 Sold land for $2,497,600, The tand cont $1,561,000. July 1 Purchased equipment for $1,717,100. Dec 31 Retired equipment that cost \$1,092,700 when purchased on December 31, 2016, No salvage value was received. for the amountsy Current Assots Current Liabilties Intangible Assets Long-Term investments Long-Term Lisbilities Piant Assets Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total intangible Assets Total Liabilties Total Liabilities and Stockholders' Equity Total Long-Term Investments Total Long-Term Liabilities Total Plant Assets Total Stockholders' Equity Question 8 of 9 (To record sale of equipment) torecord depecciation on equipment retired? (Torecord disposal of equipment) Prepare the plant assets section of Monty's balance sheet at December 31, 2026. (List Plant Assets in order of Land, Eluilding, and Equipment.) Current Attempt in Progress At December 31, 2025, Monty Corporation reported the following plant assets. During 2026, the following selected cash transactions occurred Apr. 1 Purchased land for $3,434,200 May 1 Sold equipment that cost $936,600 when purchased on January 1.2019. The equipment was sold for $265,370. June 1 Sold land for $2,497,600, The tand cont $1,561,000. July 1 Purchased equipment for $1,717,100. Dec 31 Retired equipment that cost \$1,092,700 when purchased on December 31, 2016, No salvage value was received. for the amountsy Current Assots Current Liabilties Intangible Assets Long-Term investments Long-Term Lisbilities Piant Assets Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total intangible Assets Total Liabilties Total Liabilities and Stockholders' Equity Total Long-Term Investments Total Long-Term Liabilities Total Plant Assets Total Stockholders' Equity Step by Step Solution
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