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The following financial information is from Cook Company: Accounts Payable Land Inventory Accounts Receivable Equipment Deferred Revenue Short-Term Investments Notes Receivable (due in 8 months)

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The following financial information is from Cook Company: Accounts Payable Land Inventory Accounts Receivable Equipment Deferred Revenue Short-Term Investments Notes Receivable (due in 8 months) Interest Payable Patents $55,000 $90,000 $ 10,500 $ 7,500 $ 8,000 $58,500 $20,000 $ 45,500 $ 2,000 $ 75,000 What is the total amount of property, plant, and equipment assuming the accounts above reflect normal activity? Multiple Choice O $98,000 $165.000 $90.000 $110.000

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