A company has the following asset account balances:

Buildings and Equipment	$9,200,000
Accumulated DepreciationBuildings and Equipment	1,200,000
Patents	850,000
Accumulated AmortizationPatents	100,000
Land Improvements (net)	1,130,000
Accumulated DepreciationLand Improvements	130,000
Land	5,000,000

The total amount reported on the Statement of Financial Position as long-lived assets would be

$14,000,000.

$17,150,000.

$14,750,000.

$15,950,000.