Use the information for Hampton Inc. for the year ending December 31, 2009 that follows to answer questions 25 through 28.
The following are relevant account balances from Hampton's comparative balance sheet and 2009 income statement. Hampton's balance sheets:
Other information:
No equipment was sold or retired during 2009. Hampton's net income for 2009 was $33,000.
-Determine the cost of the equipment purchased during 2009.

Question

Use the information for Hampton Inc. for the year ending December 31, 2009 that follows to answer questions 25 through 28.
The following are relevant account balances from Hampton's comparative balance sheet and 2009 income statement. Hampton's balance sheets:
  Other information:
No equipment was sold or retired during 2009. Hampton's net income for 2009 was $33,000.
-Determine the cost of the equipment purchased during 2009.

Quizplus · Accepted Answer

The Answer of Use the information for Hampton Inc. for the year ending December 31, 2009 that follows to answer questions 25 through 28.
The following are relevant account balances from Hampton's comparative balance sheet and 2009 income statement. Hampton's balance sheets:
  Other information:
No equipment was sold or retired during 2009. Hampton's net income for 2009 was $33,000.
-Determine the cost of the equipment purchased during 2009.

Use the Information for Hampton Inc