A company has the following assets: $\begin{array}{lr}
\text { Buildings and Equipment, less accumulated depreciation of } \$ 2,000,000 & \$ 9,600,000 \
\text { Copyrights } & 960,000 \
\text { Patents } & 4,000,000 \
\text { Timberlands, less accumulated depletion of } \$ 2,800,000 & 4,800,000
\end{array}$
The total amount reported under Property Plant and Equipment would be
A) $19360000.
B) $14400000.
C) $18400000.
D) $15360000.

Question

A company has the following assets: $\begin{array}{lr}
\text { Buildings and Equipment, less accumulated depreciation of } \$ 2,000,000 & \$ 9,600,000 \
\text { Copyrights } & 960,000 \
\text { Patents } & 4,000,000 \
\text { Timberlands, less accumulated depletion of } \$ 2,800,000 & 4,800,000
\end{array}$
 The total amount reported under Property Plant and Equipment would be
A) $19360000.
B) $14400000.
C) $18400000.
D) $15360000.

Quizplus · Accepted Answer

The Answer of A company has the following assets: $\begin{array}{lr}
\text { Buildings and Equipment, less accumulated depreciation of } \$ 2,000,000 & \$ 9,600,000 \
\text { Copyrights } & 960,000 \
\text { Patents } & 4,000,000 \
\text { Timberlands, less accumulated depletion of } \$ 2,800,000 & 4,800,000
\end{array}$
 The total amount reported under Property Plant and Equipment would be
A) $19360000.
B) $14400000.
C) $18400000.
D) $15360000.

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