A) These are selected account balances on December 31, 2007. -Land (location of the corporation's office building) $50,000 -Land (held for future use) 75,000 -Corporate Office Building 300,000 -Inventory 100,000 -Equipment 225,000 -Office Furniture 50,000 -Accumulated Depreciation 150,000 What is the total NET amount of property, plant, and equipment that will appear on the balance sheet? (Points: 3) $650,000 $550,000 $475,000 $800,000