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These Are Selected Account Balances on December 31 2022 What Is the Total Amount of Property Plant and Equipment

Question 51

Multiple Choice

These are selected account balances on December 31 2022.  Land $150,000 Land (held for future use)  225,000 Buildings 1,200,000 Inventory 300,000 Equipment 675,000 Furniture 150,000 Accumulated Depreciation 450,000\begin{array} { l r } \text { Land } & \$ 150,000 \\\text { Land (held for future use) } & 225,000 \\\text { Buildings } & 1,200,000 \\\text { Inventory } & 300,000 \\\text { Equipment } & 675,000 \\\text { Furniture } & 150,000 \\\text { Accumulated Depreciation } & 450,000\end{array} What is the total amount of property plant and equipment that will appear on the balance sheet?


A) $2250000
B) $1950000
C) $2700000
D) $1725000

Correct Answer:

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