Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. Cash Concord Corporation Balance Sheet December 31, 2022 $125500 Accounts payable Salaries and wages 123600 payable 209500 Note payable (due 2025) 94900 Total liabilities $169500 Accounts receivable 28400 270500 $468400 252000 Inventory Short-term investments Land (held for future use) Land Buildings Less: Accumulated depreciation 281000 $335000 Common stock $364000 (55200) 279800 Retained earnings 739200 Franchise 205300 $1103200 Total stockholders' equity Total liabilities and stockholders equity Total assets $1571600 $1571600 281000 $335000 Common stock $364000 Land Buildings Less: Accumulated depreciation (55200) 279800 Retained earnings 739200 Franchise 205300 $1103200 Total stockholders' equity Total liabilities and stockholders' equity Total assets $1571600 $1571600 O $1025800 O $560800 O $831300 $770300