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PLease fix Total liabilities and stockholders' equity $ 2,604 $2,679 Burgess also provided the following information: The company sold equipment that had an original cost
PLease fix
Total liabilities and stockholders' equity $ 2,604 $2,679 Burgess also provided the following information: The company sold equipment that had an original cost of $34 million. The gain on the sale was $2 million. The company did not issue any new bonds during the year. The company paid a cash dividend during the year. The company did not complete any common stock transactions during the year. Total liabilities and stockholders' equity $2,604 $2,679 Burgess also provided the following information: The company sold equipment that had an original cost of $66 million and accumulated depreciation of $34 million. The cash proceeds from the sale were $34 million. The gain on the sale was $2 million. The company did not issue any new bonds during the year. The company paid a cash dividend during the year. The company did not complete any common stock transactions during the year. Acomparative balance sheet and an income statement for Burgess Company are given belowStep by Step Solution
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