Question: At December 3 1 , 2 0 2 2 , Dynamic Exploration s balance sheet showed total PPE assets of $ 8 7 5 ,
At December Dynamic Explorations balance sheet showed total PPE assets of $ and total accumulated depreciation of $ as detailed in the PPE Subledger below. Dynamic calculates depreciation to the nearest whole month.
Required:
Complete the schedule by calculating depreciation expense for for each asset and then determining the balance of accumulated depreciation at December
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