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

Multiple Choice

A company has the following assets: Buildings and Equipment, $\begin{array}{lr}\text { less accumulated depreciation of } \$ 5,000,000 & \$ 35,000,000 \\\text { Copyrights } & 2,400,000 \\\text { Patents } & 10,000,000 \\\text { Land } & 12,000,000\end{array}$ The total amount reported under Property, Plant, and Equipment would be

A) $59,400,000.
B) $47,000,000.
C) $57,000,000.
D) $49,400,000.