property plant and equip is 29000 can you explain why

how did he end up with 29000

Illustration 4-17 Classified statement of financial position NT$ 3,100 CHENG LTD. Statement of Financial Position October 31, 2017 (NTS in thousands) Assets Intangible assets Patents Property, plant, and equipment Land NT$10,000 Equipment NT$24,000 Less: Accumulated depreciation- equipment 5,000 19.000 Long-term investments Investment in shares of Walters Corp. 5,200 Investment in real estate 2,000 Current assets Prepaid insurance 400 Supplies 2.100 Inventory 3,000 Notes receivable 1,000 Accounts receivable 7,000 Short-term investments 2,000 Cash 6,600 Total current assets Total assets 29,000 7,200 22,100 NTS61.400 LO6 4-35 01:34:09 C