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  3. suppose nike, inc. reported the following plant as

Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended...

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Accounting

Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2022 (in millions): other plant assets $948.0, land $250.0, patents and trademarks (at cost) $510.0, machinery and equipment $2,190.0, buildings $950.0, goodwill (at cost) $210.0, accumulated amortization $50.0, and accumulated depreciation $2,360. Prepare a partial balance sheet for Nike for these items. (List Property, Plant and Equipment in order of Land, Buildings and Machinery and Equipment.) Property, Plant and Equipment. Land Buildings Machinery and Equipment Other Plant Assets NIKE, INC. Partial Balance Sheet As of May 31, 2022 (in millions) 950 2190 947 2180

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