December 31, 2017 Cash $ 70,000 Accounts receivable 100,000 Inventory 140,000 Prepaid insurance 80,000 Stock investments 180,000 Land 190,000 Buildings $230,000 Less: Accmltd dep. (60.000). 170.000 Total assets $930,000 Accounts payable $ 130,000 Salaries and wages payable 20,000 Mortgage payable (due in 3 years) 100,000 Bond Payable 80,000 Total liabilities $330,000 Common stock, $.50 par value, 500,000 shares authorized _issued, ___outstanding $100,000 Retained earnings 500,000 Total stockholders' equity $600,000 Total liabilities &stockholders' equity $930,000 Determine the total dollar amount of assets to be classified as property, plant, and equipment. O A. $420,000 B.$500,000 O C.$540,000 D. $360,000