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Greely Corp. has the following assets: Buildings and Equipment (net) $22,500,000 Trade Receivables 1,000,000 Inventory 2,500,000 Land 1,500,000 The total amount reported under Property, Plant,
Greely Corp. has the following assets:
Buildings and Equipment (net)
$22,500,000
Trade Receivables
1,000,000
Inventory
2,500,000
Land
1,500,000
The total amount reported under Property, Plant, and Equipment would be
$24,000,000.
$26,500,000.
$22,500,000.
$4,000,000.
None of the above.
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