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What dollar amount of additional PP&E did Plarimed acquire in 20x2? Use the following information to answer the question. Plarimed Corp. Plarimed Corp. Income Statement
What dollar amount of additional PP&E did Plarimed acquire in 20x2? Use the following information to answer the question. Plarimed Corp. Plarimed Corp. Income Statement Balance Sheet 20X2 20X1 20X2 Revenue 8,500 Cash 200 180 Cost of Goods Sold -5,600 Accounts Receivable 1,650 1,625 Inventory 1,900 2,000 Depreciation -1,200 Expense Interest Expense -35 Income Tax -350 Expense PPE 6,500 7,000 Accumulated Dep. -2,500 -3,000 Net Income 1,315 Total Assets 7,750 7,805 850 900 100 80 1,500 1,700 Accounts Payable Interest Payable Notes Payable Common Stock Retained Earnings Total Liabilities+Equity 2,500 2.500 2,800 2,625 7,750 7,805 O $500 $1,200 O $1.000 $1,700
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