Intermediate Accounting (16th Edition)

Published by Wiley
ISBN 10: 1118743202
ISBN 13: 978-1-11874-320-1

Chapter 5 - Balance Sheet and Statement of Cash Flows - Review and Practice - Brief Exercises - Page 239: BE5-4

Answer

Property, plant & equipment Land $71,000 Add: Buildings $207,000 Less: Accumulated depreciation ($45,000) $162,000 Equipment $190,000 Less: Accumulated depreciation ($19,000) $171,000 Timberland $70,000 Total property, plant and equipment $474,000

Work Step by Step

the total for property plant and equipment is: =$474,000
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