Homework Answers
Computation of total amount of property plant and equipment that will appear in the Balance Sheet:
Land value. = $ 153,500
Buildings. = $ 1,128,000
Equipment = $ 663,000
Furniture = $ 147,000
(less): Accumulated depreciation = ($ 450,000)
_____________
Total amount of property plant $ 1,641,500
and Equipment for balancesheet. ___________
OPTION 1 is correct answer
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