Kimmel, Financial Accounting, 8e, Custom for University of Akron Help I System Announcements ultiple Choice Question 81 Use the following data to determine the total dollar amount of assets to be dlassified as property, plant, and equip Carne Auto Supplies Balance Sheet December 31, 2017 $70000 100000 100000 Accounts payable Salaries and wages payable Mortgage payable $130000 20000 180000 $330000 Cash Accounts receivable Inventory Prepaid insurance Stock Investments Land Buildings Less: Accumulated depreciation 80000 Total liabilities 180000 190000 $240000 500000 Total stockholders' equity $740000 Total liabilities and$1070000 $230000 (60000) Common stock Retained earnings 170000 140000 Trademarks Total assets $1070000 stockholders' equity O $540000 O s50000o o $360000