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Plant Assets, Natural Resources, & Intangibles: Measurement, Depreciation, and Disposal

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Initial Cost of Long Lived Assets

Basket (Lump-sum) Purchases

Ordinary Repairs vs. Capital Improvements

Depreciation: Straight Line

Depreciation for Partial Years

Change in Estimate: Depreciation

Retirement of Plant Assets (No Proceeds)

Sale of Plant Assets

Intangible Assets and Amortization

Asset Impairments