PP&E	12/31/14
Buildings, net		180,000
Land held for speculation		100,000
Land		120,000
Equipment, net		210,000
Accumulated depreciation buildings - 40,000
Accumulated depreciation equipment - 140,000
Duiring 2015:
Equipment (cost 40,000 and accumulated depreciation $22,000) was sold for $17,000
Buildings purchased for $40,000
Building (cost 50,000 and accumulated depreciation of 10,000) was sold for 70,000
Equipment was purchased for 32,000
Depreciation expense for 2015 was 50,000 ($6,000 buildings, 44,000 equipment)
Prepare the Property, Plant and Equipment section of the balance sheet as it would be seen in a classified balance sheet.