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