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 Land Buildings Less: Accumulated depreciation Wildhorse Co. Balance Sheet December 31, 2022 $197000 Accounts payable 159000 Salaries and wages payable 150000 Mortgage payable 89800 Total liabilities 261000 259000 $814000 Common stock $205000 27000 242500 $474500 $370800 (60500) 253500 Retained earnings 729000 Goodwill 205000 $1099800 Total stockholders equity Total abilities and stockholders equity Total assets $1574300 $1574300 O $512500 O $573000 O $977500 O $717500