ANSWERS TO QUESTIONS

Long-term investments Held-to-maturity securities $ 61,000 Land held for investment 39,000 Long-term note receivables 42,000 Total investments $142,000 BRIEF EXERCISE 5-4 . Property, plant, and equipment Land $ 61,000 Buildings $207,000 Less: Accumulated depreciation (45,000) 162,000 Equipment $190,000 Less: Accumulated depreciation (19,000 ... ................
................