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Use the following data to determine the total dollar amount of assets to be classified...

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Accounting

Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment.

Tamarisk, Inc.
Balance Sheet
December 31, 2022

Cash

 $128700

Accounts payable

 $174500

Accounts receivable

 124900

Salaries and wages payable

 32800

Inventory

 207300

Note payable (due 2025)

 272000

Short-term investments

 89000

Total liabilities

 $479300

Land (held for future use)

 257500

Land

 281500

Buildings

 $337000

Common stock

 $363000

Less: Accumulated depreciation

 (63200) 273800

Retained earnings

 727100

Franchise

 206700

Total stockholders' equity

 $1090100

Total assets

 $1569400

Total liabilities and stockholders' equity

 $1569400

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