These are selected account balances on December 31, 2025. Land $180,000 Land (held for future use) $225,000 Buildings Inventory Equipment $1,470,000 $300,000 $745,000 $150,000 Furniture Accumulated Depreciation $570,000 What is the total amount of property, plant, and equipment that will appear on the balance sheet?

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter8: Investing Activities
Section: Chapter Questions
Problem 1.3AIC: Estimate the average total estimated useful life of depreciable property, plant, and equipment....
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appear on the balance sheet

These are selected account balances on December 31, 2025.
Land
$180,000
Land (held for future use) $225,000
Buildings
Inventory
Equipment
$1,470,000
$300,000
$745,000
$150,000
Furniture
Accumulated Depreciation $570,000
What is the total amount of property, plant, and equipment that will
appear on the balance sheet?
Transcribed Image Text:These are selected account balances on December 31, 2025. Land $180,000 Land (held for future use) $225,000 Buildings Inventory Equipment $1,470,000 $300,000 $745,000 $150,000 Furniture Accumulated Depreciation $570,000 What is the total amount of property, plant, and equipment that will appear on the balance sheet?
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