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At the end of 2018, Crawford Corp. had total assets of $321,800 and total liabilities of $183,400. Included in the assets were property, plant, and

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At the end of 2018, Crawford Corp. had total assets of $321,800 and total liabilities of $183,400. Included in the assets were property, plant, and equipment, with a cost of $242,000, and accumulated depreciation of $116,000. Also included in the assets were $24,300 of patents, $120,000 of goodwill, and $29,100 of other long-term assets. During 2018, Crawford Corp. earned total revenues of $430,800 and had total expenses of $320,200. Read the requirements. Requirements 1. Show how Crawford Corp. reported long-term assets on its balance sheet on December 31, 2018. 2. What was the book value of property, plant, and equipment on that date

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