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Blossom Auto Suplies Balance Sheet December 31, 2020 $ 39000 Accounts Payable Cash $ 129000 80000 54000 Prepaid Insurance Accounts Receivable Salaries and Wages Payable

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Blossom Auto Suplies Balance Sheet December 31, 2020 $ 39000 Accounts Payable Cash $ 129000 80000 54000 Prepaid Insurance Accounts Receivable Salaries and Wages Payable Mortgage Payable 99000 155000 Inventory 142000 Total Liabilities 338000 Land Held for Investment 182000 Land 251000 Buildings 197000 Less Accumulated Depreciation Owner's Capital 729000 ( 132000 65000) Trademark 142000 Total Assets $ 1067000 Total Liabilities and Owner's Equity 1067000 The total dollar amount of assets to be classified as property, plant, and equipment is O $448000. O $ 565000. O $630000. O $383000

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