Question: At December 3 1 , 2 0 2 2 , Dynamic Exploration s balance sheet showed total PPE assets of $ 9 6 2 ,

At December 31,2022, Dynamic Explorations balance sheet showed total PPE assets of $962,600 and total accumulated depreciation of $414,776 as detailed in the PPE Subledger below. Dynamic calculates depreciation to the nearest whole month.
Cost InformationDepreciationDescriptionDate of PurchaseDepreciation1MethodCost2ResidualLifeBalance of Accum.
Deprec.
Dec. 31,2022BuildingMay 2,2017S/L$760,000$305,00010 yr.$257,833Modular FurnitureMay 2,2017S/L111,60006 yr.105,400TruckJan.25,2020DDB91,00015,5008 yr.51,543
1S/LStraight-Line; DDBDouble-Declining-Balance.
2There have been no disposals or subsequent capital expenditures since the date of purchase.
Assume that the only other assets at December 31,2022, were total current assets of $349,000. Prepare the asset section of Dynamic Explorations classified balance sheet at December 31,2022.

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