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Wildhorse Co. has equipment that cost $79,100 and that has been depreciated $50,200. Record the disposal under the following assumptions. (a) It was discarded with

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Wildhorse Co. has equipment that cost $79,100 and that has been depreciated $50,200. Record the disposal under the following assumptions. (a) It was discarded with no cash received. (b) It was sold for $20,700 (c) It was sold for $36,500. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.) No. Account Titles and Explanation Debit Credit (a) Accumulated Depreciation-Equipment (b) (c) Cash Equipment Cheyenne Corp. purchased for $10,154,700 a mine that is estimated to have 37,610,000 tons of ore and no salvage value. In the first year, 6,710,000 tons of ore are extracted. Show how this mine is reported on the balance sheet at the end of the first year. For 2022, Kingbird, Inci reported beginning total assets of $219,000 and ending total assets of $371,000. Its net income for this period was $54,500, and its net sales were $708,000. Compute the company's asset turnover for 2022. (Round answer to 2 decimal places, es. 1.25) Asset turnover times

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