You are engaged in the audit of the financial statements of Holman Corporation for the year ended December 31, 20X6. The accompanying analyses of the Property, Plant, and Equipment and related accumulated depreciation accounts have been prepared by the chief accountant of the client. You have traced the beginning balances to your prior years audit working papers HOLMAN CORPORATION Analysis of Property Plant and Equipment and Related Accumulated Depreciation Accounts Year Ended December 31, 20X6 Final Assets Per Ledger Description 12/31/X5Additions $ 439,000S 6,100 Retirements 12/31X6 Land Buildings Machinery and equipment 396.00042,600 $ 445,100 154,000 30,000408 600 131,00023,000 $ 966,000 71,700 30,000 $1,007,700 Final Accumulated Depreciation Per Ledger Description Buildings Machinery and equipment178 20041855 12/31/X5Additionst Retirements 12/3X S 65 5005,700 S 711200 219,555 $ 243.700 $ 290 755