Table 17-2
Reese Company Reported the Following Data for 2017

question 182

Multiple Choice

Table 17-2
Reese Company reported the following data for 2017:
$\begin{array}{ll}\text { Beginning property, plant, and equip. } & \$ 75,000 \\\text { Beginning accumulated amortization } & 10,200 \\\text { Amortization expense for the year } & 3,200 \\\text { Purchases of property, plant, and equip. } & 5,600 \\\text { Ending property, plant, and equipment } & 75,400 \\\text { Loss on sale of property, plant, and equip. } & 2,600 \\\text { Ending accumulated amortization } & 11,100\end{array}$ Cash received from the sale of property, plant, and equipment amounted to $300
-Refer to Table 17-2.What was the cost of the property,plant,and equipment sold in 2017?

• A) $10,000
• B) $6,200
• C) $5,200
• D) $9,400

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Definitions:

Altruistic Behaviors

Actions intended to benefit others without expecting anything in return.

Social Cognition

Refers to the processes used to understand and interpret the actions and intentions of others, including perceptions, attributions, and social interactions.

Mirror Neurons

Neurons that fire when a person does something or observes someone else doing the same thing.

Mimic

To imitate or copy someone or something's actions, speech, or mannerisms, often for learning or entertainment.