Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. The land listed in the balance sheet is used in the operations of the company. Koonce Office Supplies Balance Sheet December 31, 2022 Cash $195000 Accounts payable $210000 Accounts receivable 150000 Salaries and wages payable 30000 Inventory 165000 Mortgage payable 240000 Prepaid insurance 90000 Total liabilities $480000 Stock investments 255000 Land 270000 Buildings $315000 Common stock $360000 Less: Accumulated (60000) 255000 Retained earnings 750000 depreciation Total stockholders' Goodwill 210000 $1110000 equity Total assets $1590000 Total liabilities and stockholders' equity $1590000 $990000 $525000 $585000 $735000