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Required information Use the following information for the Quick Study below. ( Algo ) [ The following information applies to the questions displayed below. ]

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Use the following information for the Quick Study below. (Algo)
[The following information applies to the questions displayed below.]
The plant assets section of the comparative balance sheets of Anders Company is reported below.
\table[[\table[[ANDERS COMPANY],[Comparative Year-End Balanc]],\table[[Sheets],[2021]],2020],[Plant assets],[Equipment,$260,000,$350,000
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