What about equipment and building


Balance Sheet                                     2010                           2009

Buildings                   $35,000                               $35,000 

Less: Accum. Depr.   (16,500)            18,500       (15,00)      20,000

Equipment                 $28,350                              $24,150

Less: Accum. Depr.    (20,900)            7,450         (17,900)    6,250

  1. That is the section of the BS that I am most confused about. HELP ASAP.
  2. Which figures do I use to calculate increase in deprecation expense to be added back to net income?
  3. What about Equipment and Building? Which figures will I use to put into the Investing Activities?

 

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