Refer to Exercise 9-10. Assume that the only other assets at December 31, 2019, were total current assets of $338,000. Prepare the asset section of Dynamic Exploration?s classified balance sheet at December 31, 2019.

Exercise 9-10

At December 31, 2019, Dynamic Exploration?s balance sheet showed total PPE assets of $802,000 and total accumulated depreciation of $339,980 as detailed in the PPE subledger below. Dynamic calculates depreciation to the nearest whole month.

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Depreciation Cost Information Balance of Accum. Deprec. Expense for Dec. 31, 2019 Balance of Accum. Deprec. Dec. 31, 2020 Depreciation Date of Depreciation' Description Building Cost? Residual Life 2020 Method Purchase May 2, 2014 $650,000 $250,000 10 yr. $226,667 S/L Modular furniture Truck May 2, 2014 Jan. 25, 2017 68,000 45,313 -0- 6 yr. S/L DDB 72,000 10,000 8 yг. 80,000