A company has the following assets: $23,000,000 1,500,000 Buildings and Equipment, less accumulated depreciation of $4,000,000 Copyrights Patents Land 3,000,000 5,000,000 The total amount reported under Property, Plant, and Equipment would be: A) $32,500,000. B) $27,000,000. C) $29,500,000. D) $28,000,000.

D) $28,000,000.

Explanation:

Property plant and equipment are intangible assets held by the business and those are not easily liquidated by the business and there should be an intention to hold the asset more than one year.

The property plant and equipment can be calculate as follow

Buildings and Equipment $23,000,000

Patents Land $5,000,000

Total property, plant and equipment $28,000,000

As the aptent on land is also capital cost of the land, so patent of land values must be added in the property, plant and equipment value.

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

answer; the cpi;