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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 $165.000 $98.000 $110.000

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