Question: Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment $196000 31000 233500 $460500 Cash
Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment $196000 31000 233500 $460500 Cash Accounts receivable Inventory Prepaid insurance Stock investments (long-term) Land Buildings Less: Accumulated depreciation Ayayai Corp. Balance Sheet December 31, 2022 $199000 Accounts payable 160000 Salaries and wages payable 166000 Mortgage payable 87900 Total liabilities 257000 282000 $318000 Common stock (58000) 260000 Retained earnings Total stockholders 209000 equity Total liabilities and $1620900 stockholders' equity $417400 743000 $1160400 Goodwill $1620900 Total assets
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