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Required information [ The following information applies to the questions displayed below. ] Stevens Sandwich Shop had the following long - term asset balances as

Required information
[The following information applies to the questions displayed below.]
Stevens Sandwich Shop had the following long-term asset balances as of January 1,2024 :
\table[[,Cost,\table[[Accumulated],[Depreciation]],Book Value],[Land,$88,000,,$88,000
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