Score: 4.71 of 11 pts 1 of 8 (1 complete) HW Score: 4.71%, 4.71 of 100 pts % 57-1 (similar to) A Question Help Examine the excerpt of a footnote from Big Lake Corporation's September 30, 2018, annual report to follow. Click the icon to view the excerpt.) Read the requirements Big Lake's largest category of assets is buildings and leasehold improvements Its second largest category of assets is fixtures and equipment Select all costs associated with the expenditures included in the largest two categories of property and equipment. (Select all that apply.) CV A. Original cost of each asset CYB. Costs incurred to bring the asset to its intended use C. Repairs and maintenance necessary to maintain the asset or restore it to working order LYD. Taxes, commissions and other amounts paid to bring the asset ready for use 2. What was Big Lake's gross cost of property and equipment at September 30, 2018? What was the book value of property and equipment on this date? Why is book value less than cost? Big Lake's gross cost of property and equipment at September 30, 2018 is $ Enter any number in the edit and then click Check Answer. parts 2 pemaining Clear All Check Answer Homework: Chapter 7 Short Exercises Homework Save Score: 4.71 of 11 pts 1 of 8 (1 complete) HW Score: 4.71%, 4.71 of 100 pts % S7-1 (similar to Ruestion Help O Excerpt Examine the excerpt of a foot 2 (Click the icon to view the Read the requirements. Big Lake's largest category of fixtures and equipment Select all costs associated wi Balances of Major Classes of Property and Equipment Are as follows (in thousands) Sep. 30, 2018 Sep. 30, 2017 Land $ 76,591 $ 48,922 Buildings and leasehold improvements 2,219,765 1,958,611 Capitalized real estate leases 24,875 24,265 Fixtures and equipment 1,436,250 1,387,200 Construction in progress and equipment not yet in service 59,483 113,488 CV A. Original cost of each a Costs incurred to bring C. Repairs and maintena CYD. Taxes, commissions 2. What was Big Lake's gross value less than cost? 3,816,964 (1,853,963) 3,532,486 (1,633,213) s date? Why is book Less accumulated depreciation and amortization $ 1,963,001 $ 1,899,273 Big Lake's gross cost of prop Enter any number in the edit ? Print Done parts remaining Clear All Uneck Answer X i Requirements 1. What are Big Lake's largest two categories of property and equipment as of September 30, 2018? Describe in general terms the types of expenditures included in these categories. 2. What was Big Lake's gross cost of property and equipment at September 30, 2018? What was the book value of property and equipment on this date? Why is book value less than cost? Print Done Score: 4.71 of 11 pts 1 of 8 (1 complete) HW Score: 4.71%, 4.71 of 100 pts % 57-1 (similar to) A Question Help Examine the excerpt of a footnote from Big Lake Corporation's September 30, 2018, annual report to follow. Click the icon to view the excerpt.) Read the requirements Big Lake's largest category of assets is buildings and leasehold improvements Its second largest category of assets is fixtures and equipment Select all costs associated with the expenditures included in the largest two categories of property and equipment. (Select all that apply.) CV A. Original cost of each asset CYB. Costs incurred to bring the asset to its intended use C. Repairs and maintenance necessary to maintain the asset or restore it to working order LYD. Taxes, commissions and other amounts paid to bring the asset ready for use 2. What was Big Lake's gross cost of property and equipment at September 30, 2018? What was the book value of property and equipment on this date? Why is book value less than cost? Big Lake's gross cost of property and equipment at September 30, 2018 is $ Enter any number in the edit and then click Check Answer. parts 2 pemaining Clear All Check Answer Homework: Chapter 7 Short Exercises Homework Save Score: 4.71 of 11 pts 1 of 8 (1 complete) HW Score: 4.71%, 4.71 of 100 pts % S7-1 (similar to Ruestion Help O Excerpt Examine the excerpt of a foot 2 (Click the icon to view the Read the requirements. Big Lake's largest category of fixtures and equipment Select all costs associated wi Balances of Major Classes of Property and Equipment Are as follows (in thousands) Sep. 30, 2018 Sep. 30, 2017 Land $ 76,591 $ 48,922 Buildings and leasehold improvements 2,219,765 1,958,611 Capitalized real estate leases 24,875 24,265 Fixtures and equipment 1,436,250 1,387,200 Construction in progress and equipment not yet in service 59,483 113,488 CV A. Original cost of each a Costs incurred to bring C. Repairs and maintena CYD. Taxes, commissions 2. What was Big Lake's gross value less than cost? 3,816,964 (1,853,963) 3,532,486 (1,633,213) s date? Why is book Less accumulated depreciation and amortization $ 1,963,001 $ 1,899,273 Big Lake's gross cost of prop Enter any number in the edit ? Print Done parts remaining Clear All Uneck Answer X i Requirements 1. What are Big Lake's largest two categories of property and equipment as of September 30, 2018? Describe in general terms the types of expenditures included in these categories. 2. What was Big Lake's gross cost of property and equipment at September 30, 2018? What was the book value of property and equipment on this date? Why is book value less than cost? Print Done