Information related to plant assets, natural resources, and intangibles at the end of 2022 for Culver Company is as follows: buildings $1,160,000, accumulated depreciation—buildings $652,000, goodwill $450,000, coal mine $499,000, and accumulated depletion—coal mine $102,000. Prepare a partial balance sheet of Culver Company for these items. (List Property, Plant and Equipment in order of Coal Mine and Buildings.) CULVER COMPANY Balance Sheet (partial) choose the accounting period select an opening name for section one enter a balance sheet item $enter a dollar amount select between addition and deduction :enter a balance sheet item enter a dollar amount $enter a subtotal of the two previous amounts enter a balance sheet item enter a dollar amount select between addition and deduction :enter a balance sheet item enter a dollar amount enter a subtotal of the two previous amounts select a closing name for section one $enter a total amount for section one select an opening name for section two enter a balance sheet item

Respuesta :

**Property, Plant, and Equipment:**

Coal Mine $499,000

Buildings $1,160,000

Total Property, Plant, and Equipment $1,659,000

**Less: Accumulated Depreciation/Depletion:**

Accumulated Depreciation—Buildings ($652,000)

Accumulated Depletion—Coal Mine ($102,000)

Total Accumulated Depreciation/Depletion ($754,000)

**Net Property, Plant, and Equipment:**

$905,000