Question: Provide calculations (if its possible) QUESTION 15 Entity Z had the following selected accounts on December 31, 2022: Land $ 150.000 Land (held for future

Provide calculations (if its possible)Provide calculations (if its possible) QUESTION 15 Entity Z had the following

QUESTION 15 Entity Z had the following selected accounts on December 31, 2022: Land $ 150.000 Land (held for future use, not used in operations) 225,000 Buildings 1,200.000 Accounts receivable 300.000 Equipment 675.000 Accumulated Depreciation 450,000 Copyright 200,000 What is the total amount of property, plant, and equipment that will appear on the classified balance sheet? O $1,775,000 O $2,100,000 O $3,200.000 O $1,575.000 QUESTION 16 would have no effect Before month-end adjustments are made the December 2022 trial balance of Entity contains revenue of $13,000 and expenses of $9,000 resulting in income before adjustments of $4,000. Indicate whether the following should be added, subtracted (NE) in arriving at accrual basis net income: One-third of a customer's $1,200 retainer has now been earned. O Added O Subtracted ONE QUESTION 17 The following information is available for Entity for the year ended December 31, 2022. What is gross profit? Sales $ 145,000 Sales Returns 4,500 Sales Discounts 1,450 Cost of Goods Sold 80.000 Selling Expense 10,000 Administrative Expense 5,500 Interest Expense 7,500 Interest Revenue 1,000 O $139,050 O $70.050 O $79,050 O $03.050 QUESTION 18 Entity J uses US GAAP and the direct method for operating activities in its statement of cash flows. For the following item, indicate on which financial statement, it would appear: Income from operations O - Multi-step income statement O Classified balance sheet O Retained earnings statement O Statement of cash flows O Not on any financial statement

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