Question: Current Attempt in Progress Use the following data to determine the total dollar amount of assets to be classified as property, plant and equipment $206000

 Current Attempt in Progress Use the following data to determine the

Current Attempt in Progress Use the following data to determine the total dollar amount of assets to be classified as property, plant and equipment $206000 27000 231500 $464500 Cash Accounts receivable Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation Goodwill Swifty Corporation Balance Sheet December 31, 2022 $198000 Accounts payable 151000 A Salaries and wages payable 155000 Mortgage payable 92600 Total liabilities 252000 284000 $316000 Common stock (58000) 258000 Retained earnings Total stockholders 215000 equity Total liabilities and $1605600 stockholders equity $414600 726500 $1141100 $1605600 Total assets O $757000 0 $542000 O $1007000 O $600000

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