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QUESTION 3 The following account information relates to December 20XX trial balance. Cash $ 22,000 Debit Balance Accounts Receivable $ 18,000 Debit Balance Property, Plant,

QUESTION 3
The following account information relates to December 20XX trial balance.
Cash $ 22,000 Debit Balance
Accounts Receivable $ 18,000 Debit Balance
Property, Plant, & Equipment $ 3,400,000 Debit Balance
Other Assets $ 5,000 Debit balance
TOTAL ASSETS
Line of Credit $ 2,000,000 Credit balance
PPP Loan $ 150,000 Credit balance
Capital $ 478,500 Credit balance
TOAL LIAB / OE
What is the amount that should be recorded in accumulated depreciation
property, plant, and equipment (the balance sheet is in balance)?

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