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Hu Corporation Use the Following Assets Section of Hu Corporation's Balance Sheets

Question 26

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Hu Corporation
Use the following Assets section of Hu Corporation's balance sheets for the years ended December 31,2018 and 2017 to answer the questions that follow.
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Hu Corporation Use the following Assets section of Hu Corporation's balance sheets for the years ended December 31,2018 and 2017 to answer the questions that follow. ​ Hu Corporation recorded depreciation expense of $344 million for 2017. -Refer to the information for Hu Corporation. ? Required ? (1)Determine the book value of Hu's property,plant and equipment at December 31,2018 and 2017. ? (2)What types of transaction(s)could have caused the change in book value of property,plant,and equipment during 2018? Hu Corporation recorded depreciation expense of $344 million for 2017.
-Refer to the information for Hu Corporation.
?
Required
?
(1)Determine the book value of Hu's property,plant and equipment at December 31,2018 and 2017.
?
(2)What types of transaction(s)could have caused the change in book value of property,plant,and equipment during 2018?

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