Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. Splish Brothers Inc. Balance Sheet December 31, 2022

Cash $198000 Accounts payable $203000
Accounts receivable 150000 Salaries and wages payable 31500
Inventory 155000 Mortgage payable 228500
Prepaid insurance 93900 Total liabilities $463000
Stock investments 273000 Land 267000
Buildings $313000 Common stock $395400

Less: Accumulated depreciation (64500) 248500 Retained earnings 727000
Goodwill 200000 Total stockholders' equity $1122400
Total assets $1585400 Total liabilities and stockholders' equity $1585400

Outstanding stock consists of 8,300 shares of cumulative 7% preferred stock with a $10 par value and 4,300 shares of common stock with a $1 par value. during the first three years of operation, the corporation declared and paid the following total cash dividends. year dividend declared 2016 $ 0 2017 $ 7,300 2018 $ 45,000 the amount of dividends paid to preferred and common shareholders in 2018 is:

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u. s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.

Amarket that consists of all possible consumers regardless of their specific needs or wants is a