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A Company Has the Following Assets The Total Amount Reported Under Property, Plant, and Equipment Would

Question 69

Multiple Choice

A company has the following assets:  Buildings and Equipment,  less accumulated depreciation of $5,000,000$25,000,000 Copyrights 2,400,000 Patents 10,000,000 Land 12,000,000\begin{array}{lr}\text { Buildings and Equipment, }\\\text { less accumulated depreciation of } \$ 5,000,000 & \$ 25,000,000 \\\text { Copyrights } & 2,400,000 \\\text { Patents } & 10,000,000 \\\text { Land } & 12,000,000\end{array} The total amount reported under Property, Plant, and Equipment would be


A) $49,400,000.
B) $37,000,000.
C) $47,000,000.
D) $39,400,000.

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