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These are selected account balances on December 31, 2016. Land (location of the corporation's office building) Land (held for future use) Corporate Office Building Inventory

image text in transcribed These are selected account balances on December 31, 2016. Land (location of the corporation's office building) Land (held for future use) Corporate Office Building Inventory Equipment Office Furniture Accumulated Depreciation $140,000 150,000 750,000 200,000 480,000 150,000 435,000 What is the total net amount of property, plant, and equipment that will appear on the balance sheet? Select one: a. $1,235,000 b. $1,085,000 c. $1,285,000 d. $1,520,000

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