These Are Selected Account Balances on December 31, 2014 What Is the Total Amount of Property, Plant, and Equipment

Multiple Choice

These are selected account balances on December 31, 2014. $$\begin{array} { l r } \text { Land } & \$ 100,000 \\\text { Land (held for future use) } & 150,000 \\\text { Buildings } & 800,000 \\\text { Inventory } & 200,000 \\\text { Equipment } & 450,000 \\\text { Furniture } & 100,000 \\\text { Accumulated Depreciation } & 300,000\end{array}$$ What is the total amount of property, plant, and equipment that will appear on the balance sheet?

A) $1,500,000
B) $1,300,000
C) $1,800,000
D) $1,150,000