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12/31/05 12/31/06 Land $100,000 $100,000 Machines 80,000 70,000 Gross property, plant, amp; equipment 180,000 170,000 Accumulated depreciation
12/31/05 12/31/06 Land $100,000 $100,000Machines 80,000 70,000Gross property, plant, & equipment 180,000 170,000Accumulated depreciation 25,000 10,000Net property, plant, & equipment $155,000 $160,000 Depreciation expense $ 5,000
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