The following information is for Central Avenue Real Estate:

Central Avenue Real Estate

Balance Sheet

December 31, 2016

Cash$ 25,000Accounts Payable$ 60,000

Prepaid Insurance40,000Salariesand Wages Payable25,000

Accounts Receivable50,000MortgagePayable85,000

Inventory80,000Total Liabilities170,000

Land Held for Investment75,000

Land120,000

Building$110,000

Less AccumulatedOwners Capital380,000

Depreciation(20,000)90,000

Trademark70,000Total Liabilities and

Total Assets$550,000Owners Equity$550,000

The total dollar amount of assets to be classified as property, plant, and equipment is