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These are selected account balances on December 31, 2010. Land (location of the corporation's office building) $100,000 Land (held for future use) 140,000 Corporate Office
These are selected account balances on December 31, 2010.
Land (location of the corporation's office building) | $100,000 |
Land (held for future use) | 140,000 |
Corporate Office Building | 660,000 |
Inventory | 193,000 |
Equipment | 404,000 |
Office Furniture | 94,000 |
Accumulated Depreciation | 284,000 |
What is the total amount of property, plant, and equipment that will appear on the balance sheet?
A. | $1,307,000 | |
B. | $974,000 | |
C. | $1,875,000 | |
D. | $1,114,000 |
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