Question: Suppose Nike Inc reported the following plant assets and intangible
Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2014 (in millions): other plant assets $965.8; land $221.6; patents and trademarks (at cost) $515.1; machinery and equipment $2,094.3; buildings $974.0; goodwill (at cost) $193.5; accumulated amortization $47.7; and accumulated depreciation $2,298.0. Prepare a partial balance sheet for Nike for these items.
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