In its 2018 annual report to shareholders, Buffalo Burgers Company, Inc. included the following in a disclosure note:
E. Property, Plant and Equipment
Property, plant and equipment for the years ended December 28, 2018, and December 29, 2017, consisted of the following ($ in thousands):
The Company recorded depreciation related to these assets of $23,565 thousand in the 2018 fiscal year.
Also, Buffalo Burgers reported the following information in the annual report ($ in thousands):
-Prepare the journal entry to record Buffalo Burgers' sale of property, plant and equipment during 2018.
Correct Answer:
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