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

Skysong, Inc. Balance Sheet December 31, 2022
Cash		$194000		Accounts payable	$203000
Accounts receivable		144000		Salaries and wages payable	28500
Inventory		152000		Mortgage payable	233500
Prepaid insurance		88600		Total liabilities	$465000
Stock investments		255000
Land		279000
Buildings	$320000			Common stock	$383100
Less: Accumulated depreciation	(59500)	260500		Retained earnings	739000
Trademarks		214000		Total stockholders' equity	$1122100
Total assets		$1587100		Total liabilities and stockholders' equity	$1587100

$599000

$1008500

$753500

$539500