Lowell Corp.’s December 31, 2023 trial balance includes the following accounts: Inventory $120,000; Buildings $207,000; Accumulated Depreciation—Equipment $19,000; Equipment $190,000; Land Held for Speculation $46,000; Accumulated Depreciation—Buildings $45,000; Land $71,000; Equipment Under Lease $229,000; and Accumulated Depreciation—Leased Equipment $103,000. 

Prepare the property, plant, and equipment section of the statement of financial position. Lowell follows ASPE and includes Equipment under Lease as part of Property, Plant, and Equipment.