On January 2, 08, Cooper Company purchased land that cost $580,000, a building on the land that cost $840,000, and equipment that cost $45,000. The building has an estimated useful life of 21 years. The equipment has an estimated useful life of 9 years. Required: Prepare the property, plant, and equipment section of the balance sheet as of December 31, 08. Note: Use straight-line depreciation with no salvage value. Cooper Company Balance Sheet (partial) December 31 Property, Plant, and Equipment (Choose one) Total Property, Plant, and Equipment