ABC, Inc. spent $4,800,000 during 2020 to repair and update its plant assets. This consisted of $1,800,000 to paint the building, $345,000 to transfer new machinery, $960,000 to install special shelving that will increase operating efficiency in the plant, and $1,695,000 on new machinery. What amount of these costs would appear as assets on ABC, Inc's December 31, 2020 statement of financial position? A. $4,800,000 B. $2,655,000 C. $3,000,000 D. $4,455,000