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Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2022 (in millions): other plant assets $913.0, land
Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2022 (in millions): other plant assets $913.0, land $250.0, patents and trademarks (at cost) $510.0, machinery and equipment $2,130.0, buildings $940.0, goodwill (at cost) $170.0, accumulated amortization $43.0, and accumulated depreciation $2,160. accum cost) $51 may 31, Prepare a partial balance sheet for Nike for these items. (List Property, plant and Equipment in order of Land, Buildings and Machinery and Equipment.) NIKE, INC. Partial Balance Sheet As of May 31, 2022 (in millions) Property, plant and Equipment Land Buildings Machinery and Equipment Other Plant Assets Less 4. Accumulated Depreciation Total Property, plant and Equipment Intangible Assets Goodwill Patents and Trademarks $ Less A. Accumulated Amortization 4 Total Intangible Assets
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