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

A company has the following assets: $\begin{array}{lr}\text { Buildings and Equipment, } \\\quad \text { less accumulated depreciation of } \$ 4,000,000 & \$ 23,000,000 \\\text { Copyrights } & 1,500,000 \\\text { Patents } & 3,000,000 \\\text { Land } & 5,000,000\end{array}$ The total amount reported under Property Plant and Equipment would be

A) $32500000.
B) $27000000.
C) $29500000.
D) $28000000.

Correct Answer:

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