FREN RE Problemi 14 Cheyenne Corporation uses special string out in its packaging business. The comment purchased in 2019 for $20 million and had an estimate chal Valur In catApril 2020, a part couting $720,000 and designed to increase the machinery was added. The machines estimated we did not done with the only D2000 new technology had been wroduced that would speed up the obsolescence of Cheyennes et Chevroletes that speed and cover that he 15.17 million, and the expected discounted future et cash flows on the ment w $4,76 milionair value of the ment at December 21, 2020, was estimated to be the intends to continue wing the equipment, but estimates that is renang utule is now for Cheyenne des right ne deren Arome that Cheyenne that follows Prepare the entry to recordat mame at December 31, 2020, Wary ( Colle we way in when the amount interest in my is required for intry for the titles and for the amounts tund answers to decimal places no 27) hebt Create Date Account totes and Explanation December 31, 2000 Loss on tamen Accumulated Depreciation HOW LIST OF ACCOUNTS LNK TO TEXT LINK TO TY ar value the equipment at December 31, 2021, estimated to be 50.14 milion, Prepare yournal entries for the equipment December , 2001. (Cliccantiles are amatically inte when the amount is entered a nutindenit mammally. If no entry is required, select "No Entry for the account title and enter for the amounts) that Credit Account Titles and Explanation December 31, 2021 Depreciation Expense Accumulated Depreciation Repeat part (b), asuming that on December 31, 2021, Chamament des to them. As web 2021, the In February 2023. Chevenne's management will meet ouinctive program to fed abwe crede contendered when the manually. If no entry is require select "No try for the countries and enter for them) Account Titles and planation Debit December 31, 2031 SHOW LINT OF ACCOUNTS LEKTO TEK LINK 10 TEKER TOTES Repeat part (b), assuming that the equipment i designated as held for sale of January 1, 2001, and that the equipment was 2021 but was held by Cheyenne 2001 account titles are automatically indeed when the winter. Do not indentally for is require cry for the account Debit Date Account Titles and Explanation December 31, 2021 SWL ACCOUNTS LINK 10 TURT LOTER TO TEXT Repeat and an instead that Cheyennen public company that prepares financial statements in accordance with its (Credit comes an automated when amount is evitered. Do not indentally. If ne entry required, select "No hitry for the account title and enter for the amount w wers to della journal entries in the order presented in the problem.) Mount Vites and Explanation Detail Credit (To record depreciation on (To record they off from immen SU ADUN LINK LIOTEX TEXT FREN RE Problemi 14 Cheyenne Corporation uses special string out in its packaging business. The comment purchased in 2019 for $20 million and had an estimate chal Valur In catApril 2020, a part couting $720,000 and designed to increase the machinery was added. The machines estimated we did not done with the only D2000 new technology had been wroduced that would speed up the obsolescence of Cheyennes et Chevroletes that speed and cover that he 15.17 million, and the expected discounted future et cash flows on the ment w $4,76 milionair value of the ment at December 21, 2020, was estimated to be the intends to continue wing the equipment, but estimates that is renang utule is now for Cheyenne des right ne deren Arome that Cheyenne that follows Prepare the entry to recordat mame at December 31, 2020, Wary ( Colle we way in when the amount interest in my is required for intry for the titles and for the amounts tund answers to decimal places no 27) hebt Create Date Account totes and Explanation December 31, 2000 Loss on tamen Accumulated Depreciation HOW LIST OF ACCOUNTS LNK TO TEXT LINK TO TY ar value the equipment at December 31, 2021, estimated to be 50.14 milion, Prepare yournal entries for the equipment December , 2001. (Cliccantiles are amatically inte when the amount is entered a nutindenit mammally. If no entry is required, select "No Entry for the account title and enter for the amounts) that Credit Account Titles and Explanation December 31, 2021 Depreciation Expense Accumulated Depreciation Repeat part (b), asuming that on December 31, 2021, Chamament des to them. As web 2021, the In February 2023. Chevenne's management will meet ouinctive program to fed abwe crede contendered when the manually. If no entry is require select "No try for the countries and enter for them) Account Titles and planation Debit December 31, 2031 SHOW LINT OF ACCOUNTS LEKTO TEK LINK 10 TEKER TOTES Repeat part (b), assuming that the equipment i designated as held for sale of January 1, 2001, and that the equipment was 2021 but was held by Cheyenne 2001 account titles are automatically indeed when the winter. Do not indentally for is require cry for the account Debit Date Account Titles and Explanation December 31, 2021 SWL ACCOUNTS LINK 10 TURT LOTER TO TEXT Repeat and an instead that Cheyennen public company that prepares financial statements in accordance with its (Credit comes an automated when amount is evitered. Do not indentally. If ne entry required, select "No hitry for the account title and enter for the amount w wers to della journal entries in the order presented in the problem.) Mount Vites and Explanation Detail Credit (To record depreciation on (To record they off from immen SU ADUN LINK LIOTEX TEXT