Question: Current Attempt in Progress At December 3 1 , 2 0 2 2 , Swifty Company reported the following as plant assets. During 2 0

Current Attempt in Progress
At December 31,2022, Swifty Company reported the following as plant assets.
During 2023, the following selected cash transactions occurred.
April 1 Purchased land for \$2,200,000.
May 1 Sold equipment that cost \(\$ 840,000\) when purchased on January 1,2019. The equipment was sold for \(\$ 504,000\).
June 1 Sold land purchased on June 1,2013 for \$1,450,000. The land cost \$399,000.
July 1 Purchased equipment for \$2,480,000.
Dec. 31 Retired equipment that cost \$491,000 when purchased on December 31,2013.
(a)
(b)
(c)
Your answer is partially correct.
Prepare the plant assets section of Swifty's balance sheet at December 31,2023.(List Plant Assets in order of Land, Buildings and Equipment.)
SOLVE FOR RED BOXES IN PHOTO PLEASE
Current Attempt in Progress At December 3 1 , 2 0

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