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Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. Cash Accounts receivable Inventory Prepaid

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Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. Cash Accounts receivable Inventory Prepaid insurance Stock investments (long-term) Land Bulldings Less: Accumulated depreciation Goodwill Pina Colada Corp. Balance Sheet December 31, 2022 $190000 Accounts payable $203000 144000 Salaries and wages payable 31000 160000 Mortgage payable 243000 89100 Total liabilities $477000 251000 280000 $308000 Common stock $375600 (55500) 252500 Retained earnings 731000 217000 Total stockholders $1106600 equity $1583600 Total liabilities and $1583600 stockholders' equity Total assets $532500 5588000 5997500 5749500

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