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Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. Eddy Auto Supplies Balance

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Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. Eddy Auto Supplies Balance Sheet December 31, 2017 Cash $126,000 Accounts payable $165,000 Salaries and wages Accounts receivable 120,000 30,000 payable Inventory 210,000 Mortgage payable 270,000 Prepaid insurance 90,000 Total liabilities $465,000 Stock Investments 255,000 Land 285,000 Buildings $339,000 Common stock $360,000 Less: Accumulated depreciation (60,000) 279,000 Retained earnings 750,000 Total stockholders' Trademarks: 210,000 $1,110,000 equity Total liabilities and Total assets $1,050,000 stockholders' $1,575,000 equity

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