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

Multiple Choice

A company has the following assets: $\begin{array}{lr}\text { Buildings and Equipment, }\\\text { less accumulated depreciation of } \$ 4,000,000 & \$ 23,000,000 \\\text { Copyrights } & 1,500,000 \\\text { Patents } & 3,000,000 \\\text { Land } & 5,000,000\end{array}$ The total amount reported under Property, Plant, and Equipment would be

A) $32,500,000.
B) $27,000,000.
C) $29,500,000.
D) $28,000,000.