Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. The land listed In the balance sheet is used in the operations of the company. Swifty Corporation Balance Sheet December 31, 2022 Cash $198000 $206000 Accounts receivable 151000 Accounts payable Salaries and wages payable Mortgage payable 27000 Inventory 155000 231500 92600 Total liabilities $464500 Prepaid insurance Stock investments (long-term) 252000 Land 284000 $316000 Common stock $414600 Buildings Less: Accumulated depreciation (58000) 258000 Retained earnings 726500 Goodwill 215000 Total stockholders' equity $1141100 $1605600 Total assets Total liabilities and stockholders' equity $1605600 $542000 $757000 $1007000 $600000