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Question 11 (4 points) A company has the following assets: Buildings and Equipment, less accumulated depreciation of $4,000,000 Copyrights Patents Land S23,000,000 1,500,000 3,000,000 5,000,000

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Question 11 (4 points) A company has the following assets: Buildings and Equipment, less accumulated depreciation of $4,000,000 Copyrights Patents Land S23,000,000 1,500,000 3,000,000 5,000,000 The total amount reported under Property, Plant, and Equipment would be 1) $32,500,000. 2) $27,000,000. 3) $29,500,000. 4) $28,000,000

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