33. Which of the following assets would be included in the property, plant, and equipment section of the balance sheet?

A. A building purchased for investment purposes .

B. A used computer purchased for use in the operations of the business with a useful life of 10 months

C. A patent with a useful life of 25 years .

D. Equipment purchased for use in the operations of the business which has a useful life of 15 years

8. Suddreth Inc. had the following included in their property, plant, and equipment section of the December 31, 2016 balance sheet:

-Land that cost 80,000 that has a current market value of $100,000

-Equipment that 50,000 with accumulated depreciation to date of $10,000. The equipment has a current market value of $75,000

What is the net book value of the equipment ?

A. 65,000

B. 40,000

C. 75,000

D. 100,000