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Prepare the plant assets section of Ayayai's balance sheet at December 31, 2026 (Fill in the empty boxes). At December 31, 2025, Ayayai Corporation reported
Prepare the plant assets section of Ayayai's balance sheet at December 31, 2026 (Fill in the empty boxes).
At December 31, 2025, Ayayai Corporation reported the following plant assets. During 2026, the following selected cash transactions occurred. Apr. 1 Purchased land for $2,202,200. May 1 Sold equipment that cost $600,600 when purchased on January 1,2019 . The equipment was sold for $170,170. June 1 Sold land for $1,601,600. The land cost $1,001,000. July 1 Purchased equipment for $1,101,100. Dec. 31 Retired equipment that cost $700,700 when purchased on December 31, 2016. No salvage value was received. AYAYAI CORPORATION Partial Balance Sheet December 31, 2026 Plant Assets Land $44,20 Buildings $26,510,000.00 Less : Accumulated Depreciation-Buildings Equipment 39,839,800.00 Less : Accumulated Depreciation-Equipment 7,882,875.00 i 3,95 Total Plant Assets $Step by Step Solution
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