Current Attempt in Progress

Suppose that Wildhorse Co$.$ has four plants nationwide that cost $$890$ million. Accumulated depreciation on the plants is $$310$ million

at December $31,2025.$ The current fair value of the plants at that date is $$720$ million. The plants will be reported on the December

$31,2025$ balance sheet at

$$890$ million.

$$410$ million.

$$580$ million.

$$720$ million.