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The following selected accounts came from the Balance Sheet of Lisa's Restaurant Supply Company. Merchandise inventory $98,000, Land (used in the business) $140,000, Building $250,000,
The following selected accounts came from the Balance Sheet of Lisa's Restaurant Supply Company. Merchandise inventory $98,000, Land (used in the business) $140,000, Building $250,000, Accumulated Depreciation, Building $(42,000), and Patent $92,000. The total dollar amount of assets to be classified as Property, Plant, and Equipment (P,P,E) is:
- A. $440,000
- B. $446,000
- C. $348,000
- D. $208,000
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