Buildings and Equipment, less accumulated depreciation of $ 2,000,000 $ 7,600,000
Copyrights 960,000 Patents 4,000,000 Timberlands, less accumulated depletion of $ 2,800,000 4,800,000
The total amount reported under Property, Plant, and Equipment would be
$ 16,400,000. $ 13,360,000. $ 12,400,000. $ 17,360,000. 2- Multiple Choice Question 144
Expenditures that maintain the operating efficiency and expected productive life of a plant asset are generally
expensed when incurred. not recorded until they become material in amount. capitalized as a part of the cost of the asset. debited to the Accumulated Depreciation account 3- Multiple Choice Question 149