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16. These are selected account balances on December 31, 2020. Land (corporation's office building) $100,000 Supplies 150,000 Corporate Office Building 600,000 Inventory 200,000 Equipment 450,000

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16. These are selected account balances on December 31, 2020. Land (corporation's office building) $100,000 Supplies 150,000 Corporate Office Building 600,000 Inventory 200,000 Equipment 450,000 Office Furniture 100,000 Accumulated Depreciation 300,000 What is the total amount of property, plant, and equipment that will appear on the balance sheet? * (2 Points) $1,600,000 $1,300,000 $950,000 $1,100,000

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