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The plant assets section of the comparative balance sheets of Anders Company is reported below. ANDERS COMPANY Comparative Year-End Balance Sheets 2021 2020 Plant assets
The plant assets section of the comparative balance sheets of Anders Company is reported below.
ANDERS COMPANY | ||
---|---|---|
Comparative Year-End Balance Sheets | ||
2021 | 2020 | |
Plant assets | ||
Equipment | $ 185,000 | $ 275,000 |
Accumulated depreciationEquipment | (102,000) | (212,000) |
Equipment, net | $ 83,000 | $ 63,000 |
Buildings | $ 385,000 | $ 405,000 |
Accumulated depreciationBuildings | (103,000) | (288,000) |
Buildings, net | $ 282,000 | $ 117,000 |
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