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On January 2, 2021, Walker Company purchased land that cost $730,000, a buliding on the land that cost $1,470,000, and equipment that cost $74,000. The

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On January 2, 2021, Walker Company purchased land that cost $730,000, a buliding on the land that cost $1,470,000, and equipment that cost $74,000. The building has an estimated useful life of 30 years. The equipment has an estimated useful life of 5 years, Required: Prepare the property. Blant and equipment section of the balance sheet as of December 31, 2021. Note: Use straight-line depreciation with no salvage value Walker Company Balance Sheet(artial December 31 Property. Plant and quiment Choose one Total Property, Plant, and Equipment

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