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Please answer both parts of the question thank you I will thumbs up for correct answer Complete this question by entering your answers in the
Please answer both parts of the question thank you I will thumbs up for correct answer
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule analyzing the changes in each of the plant asset accounts during 2021. Do not analyze changes in accumulated depreciation and amortization. CORD COMPANY Analysis of Changes in Plant Assets For the Year Ending December 31, 2021 Balance 12/31/2020 Increase Decrease $ 177,000 Balance 12/31/2021 Land 0 Land improvements Buildings Equipment Automobiles and trucks 1,600,000 1,225,000 174,000 220,000 $ 3,396,000 Leasehold improvements $ 0 $ 0 $ 0 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 For each asset category, prepare a schedule showing depreciation or amortization expense for the year ended Decemb 2021. (Do not round Intermediate calculations. Round your final answers to nearest whole dollar.) CORD COMPANY Depreciation and Amortization Expense For the Year Ending December 31, 2021 Land Improvements Buildings Equipment Automobiles and trucks Leasehold improvements Total depreciation and amortization expense for 2021 $ 0Step by Step Solution
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