Based on the Following Information, What Is the Net Amount

question 101

Multiple Choice

Based on the following information, what is the net amount that this equipment should be reported at on BAC's balance sheet at December 31, 2012?

• A)$200,000
• B)$220,000
• C)$230,000
• D)$240,000

---

Definitions:

Farming Community

A group of people who live in the same area and engage primarily in agricultural activities for livelihood.

Jericho

An ancient city located in the West Bank, known for its historical significance and as one of the world's oldest inhabited cities.

Fertile Soils

Soils rich in nutrients and organic matter, capable of supporting robust plant growth and agricultural productivity.

World's Annual Tonnage

The total amount of goods and materials measured in tons that are produced or transported globally in a year.