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. Given below are several accounts and balances from Carrier Corporations 2016 financial statements. Prepare...

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Accounting

. Given below are several accounts and balances from Carrier Corporations 2016 financial statements. Prepare the Property, Plant, and Equipment section of the balance sheet and a partial income statement in the space provided below using the accounts provided. Depreciation expense $ 59,800 Accumulated depreciation 257,400 Gain on sale of plant asset 19,500 Building 585,000 Land 120,000 Cash received from sale of plant asset 52,000 BALANCE SHEET INCOME STATEMENT

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