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Which of the following should not be classified as property, plant and equipment? Select one: a truck held for resale by an automobile dealership O

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Which of the following should not be classified as property, plant and equipment? Select one: a truck held for resale by an automobile dealership O land improvements, such as parking lots and fences O land used in ordinary business operations O a building used as a factory Clear my choice The Blooming Miracles Flower Shop Ltd, bought a delivery van on January 1, 2022. The van cost $28.000 and had an expected residual value of $3.000. The life of the van was estimated to be 5 years or 150.000 kms. The depreciable amount of the van is Select one 53.000 55.000 $25.000 O 528.000 O Require more information Clear my choice Depreciation is dependent on a number of estimates. When a change in an estimate is required, the change is made Select one in the future year in the current year. Both in the current and future year to prior periods Cear my choice

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