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pls help2 On its December 31, 2017, balance sheet, Calgary Industries reports equipment of $385.000 and accumulated depreciation of $77,000 During 2018, the company plans
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On its December 31, 2017, balance sheet, Calgary Industries reports equipment of $385.000 and accumulated depreciation of $77,000 During 2018, the company plans to purchase additional equipment costing $83,000 and expects depreciation expense of $31500. Additionally, it plans to dispose of equipment that originally cost $43,500 and had accumulated depreciation of $5,900. The balances for equipment and accumulated depreciation, respectively, on the December 31, 2018 budgeted balance sheet are: Multiple Choice O $341,500, $77,000 05468,000, $102.600 O $468,000, $108,500 Step by Step Solution
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