J. & B. Auto Parts Balance Sheet December 31, 2010 Assets Cash Short-term investments Notes receivable (due in ten months) Accounts receivable Merchandise inventory Landheld for future use Land Building Less accumulated depreciation Trademark Total assets $ 60,000 40,000 30,000 20,000 70,000 80,000 90,000 $100,000 20.000 80,000 70.000 $540,000 Liabilities Notes payable (due in six months) Accounts payable Salaries payable Mortgage payable (due in seven years) Total liabilities $50,000 20,000 10,000 90,000 $170,000 Owner's Equity Cheryl Stein, Capital Total liabilities and owner's equity 120.000 $540.000 The total dollar amount of assets to be classified as property, plant, and equipment is A $190,000, . $320,000 C$240,000 $170,000