Answer
Property, plant & equipment
Land $71,000
Add: Buildings $207,000
Less: Accumulated depreciation ($45,000) $162,000
Equipment $190,000
Less: Accumulated depreciation ($19,000) $171,000
Timberland $70,000
Total property, plant and equipment $474,000
Work Step by Step
the total for property plant and equipment is: =$474,000