Information related to plant assets, natural resources, and intangibles at the end of 2020 for Concord Company is as follows: buildings $1,030,000, accumulated depreciation—buildings $653,000, goodwill $410,000, coal mine $496,000, and accumulated depletion—coal mine $108,000.

A.nswer and Explanation:

The preparation of the partial balance sheet is as follows;

Assets

Long term assets:  

Plant, property & equipment

Coal mine $496,000

Less: Acc. depletion, coal mines -$108,000     $388,000

Buildings $1,030,000

Less: Acc. depreciation, buildings - $653,000  $377,000

Total Plant, property & equipment                       $765,000

Goodwill                                                                $410,000

Total long term assets                                          $1,175,000

i guess you could put raise the economic balance

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"