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Paxton Co . has the following opening UCC balances for 2 0 2 3 : Class 1 ( 4 % ) $ 6 4 5
Paxton Co has the following opening UCC balances for :
Class $
Class
Class
During it made the following acquisitions and dispositions:
It sold its land and building for $ and moved into a leased space. The land and
building were originally purchased for $ The land portion is considered to be
of the purchase and sale price.
Paxton entered a year lease with renewal periods of years each. It spent $
on leasehold improvements.
It purchased $ of new furniture. It sold its older furniture on Kijiji for $
originally costing $
It purchased new equipment at the end of It arrived on December but because
employees were on holidays until January, it was put in position, assembled and tested
on January
Paxton purchased a new gaspowered passenger vehicle for $
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