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Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. Pina Colada Corp Balance Sheet

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Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. Pina Colada Corp Balance Sheet December 31, 2017 $203000 31000 243000 $477000 Cash Accounts receivable Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation Trademarks $190000 Accounts payable 144000 Salaries and wages payable Mortgage payable 160000 89100 Total liabilities 251000 280000 $375600 731000 $1106600 $1583600 $308000 Common stock (55500) 252500 Retained earnings 217000 Total stockholders' equity Total liabilities and stockholders' equity Total assets $1583600 $588000 O $749500 O $532500 O $997500

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