Lowell Company's December 31, 2019, trial balance includes the following accounts: Inventory $120,000, Buildings $207,000, Accumulated Depreciation-Equipment

Question:

Lowell Company's December 31, 2019, trial balance includes the following accounts: Inventory $120,000, Buildings $207,000, Accumulated Depreciation-Equipment $19,000, Equipment $190,000, Land Held for Investment $46,000, Accumulated Depreciation-Buildings $45,000, and Land $71,000. Prepare the property, plant, and equipment section of the statement of financial position.