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The following information is for Sunny Day Real Estate: points Sunny Day Real Estate Balance Sheet December 31, 2018 $ 25,000 Accounts Payable 30,000 Salaries

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The following information is for Sunny Day Real Estate: points Sunny Day Real Estate Balance Sheet December 31, 2018 $ 25,000 Accounts Payable 30,000 Salaries and Wages Payable 50,000 Mortgage Payable 70,000 Total Liabilities 85,000 120,000 Common Stock $120,000 Retained Earnings 80,000 70,000 Total Liabilities and $530.000 Stockholders' Equity Cash Prepaid Insurance Accounts Receivable Inventory Land Held for Investment Land Buildings $100,000 Less Accumulated Depreciation (20,000) Trademark Total Assets $ 60,000 15,000 $5,000 160,000 370,000 $530.000 The total dollar amount of assets to be classified as property, plant and equipment is $200,000 5220,000. $285,000. $305,000

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