These are selected account balances on december 31, 2017. land $15 land (held for future use) 225000 buildings 12 inventory 3 equipment 675000 furniture 15 accumulated depreciation 45 what is the total amount of property, plant, and equipment that will appear on the balance sheet? $1725000 $225 $195 $27

Option (A) is correct.

Explanation:

Given that,

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

Total amount of property, plant, and equipment:

= Land (location of the office building) + Office Building + Equipment + Office Furniture - Accumulated Depreciation

= $150,000 + $1,200,000 + $675,000 + $150,000 - $450,000

= $1,725,000