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Y Company has the following information. Accounts payable $60,000 Accounts receivable 100,000 400,000 Accumulated Depreciation-Buildings Buildings 1,500,000 Cash 80,000 Common Stock 700,000 Copyright 140,000 Inventory

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Y Company has the following information. Accounts payable $60,000 Accounts receivable 100,000 400,000 Accumulated Depreciation-Buildings Buildings 1,500,000 Cash 80,000 Common Stock 700,000 Copyright 140,000 Inventory 160,000 Investments in Stocks & Bonds (Will hold 5 years) 150,000 Investments in Stocks & Bonds (Will hold 5 months) 20,000 Land 200,000 400,000 250,000 Mortgage Payable (30 year) Notes payable (Due 7/1/2020) Notes payable (Due 7/1/2018) Prepaid insurance 40,000 10,000 420,000 Retained Earnings Salaries payable 90,000 Based on the above data, what is the amount of property, plant & equipment on Y Company's 12/31/2017 classified balance sheet? Based on the above data, what is the amount of property, plant & equipment on Y Company's 12/31/2017 classified balance sheet? O $1,460,000 $1,100,000 O $1,700,000 O $1,300,000

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