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These are selected account balances on December 31, 2015. Land (location of the office building) $100,000 Land (held for future use) 150,000 Office Building 700,000

These are selected account balances on December 31, 2015.

Land (location of the office building)

$100,000

Land (held for future use)

150,000

Office Building

700,000

Inventory

200,000

Equipment

450,000

Office Furniture

150,000

Accumulated Depreciation

425,000

What is the total amount of property, plant, and equipment that will appear on the balance sheet?

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