These Are Selected Account Balances on December 31 2016 What Is the Total Net Amount of Property Plant and

Multiple Choice

These are selected account balances on December 31 2016. $\begin{array}{lr}\text { Land (location of the corporation's office building) } & \$ 140,000 \\\text { Land (held for future use) } & 150,000 \\\text { Corporate Office Building } & 750,000 \\\text { Inventory } & 200,000\\\text { Equipment } & 480,000 \\\text { Office Furniture } & 150,000 \\\text { Accumulated Depreciation } & 435,000\end{array}$ What is the total net amount of property plant and equipment that will appear on the balance sheet?

A) $1085000
B) $1235000
C) $1285000
D) $1520000