Selected Data from the Financial Statements for the Years Ended

question 127

Essay

Selected data from the financial statements for the years ended December 31, 2014 and 2013, are presented below:
The following additional information was obtained from the company's records:

-Refer to Maritime Marine Services. Assuming that the book value of the property, plant and equipment disposed of during 2014 was $90, what were the cash proceeds from the disposal?

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Definitions:

Radiograph

An image produced on a sensitive plate or film by X-rays, gamma rays, or similar radiation, used in medicine for diagnostic purposes.

Feeding Tube Clogging

The obstruction of a tube used for providing nutrition directly into the stomach or small intestine, often caused by formula thickening or medication residue.

Barrel Syringe

A medical device used for injecting or withdrawing fluids, consisting of a cylindrical barrel, a plunger, and often a needle.

Solid Medications

Forms of medication that are delivered orally in a solid form, such as tablets or capsules, as opposed to liquid forms.