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At December 31, 2020, Jost Company has land costing $350,000; a building with a cost of $600,000, with accumulated depreciation of $140,000; and various equipment
At December 31, 2020, Jost Company has land costing $350,000; a building with a cost of $600,000, with accumulated depreciation of $140,000; and various equipment with costs totaling $1,400,000, with accumulated depreciation totaling $380,000. What the amount of property, plant, and equipment that should be included in total assets on the balance sheet at December 31, 2020?
A. $1,380,000. B. $2,350,000. C. $2,200,000. D. $1,830,000.
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