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The following are a selection of account balances from Company XYZ at December 31, 2014: What is the correct value for total capital assets at December 31, 2014? Multiple Choice $1,203,800 $1,131,000 $1,154,000 $1,463,000 $1,134,000 Account name Balance Building 121,000 Advertising paid in period 13,000 Accumulated Depreciation - Equipment 24,900 Accumulated Depreciation - Building 10,000 Research 320,000 Equipment 24,900 Land 1,000,000 Patent 23,000.

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The following are a selection of account balances from Company XYZ at December 31, 2014: What is the correct value for total capital assets at December 31, 2014? Multiple Choice $1,203,800 $1,131,000 $1,154,000 $1,463,000 $1,134,000 Account name Balance Building 121,000 Advertising paid in period 13,000 Accumulated Depreciation - Equipment 24,900 Accumulated Depreciation - Building 10,000 Research 320,000 Equipment 24,900 Land 1,000,000 Patent 23,000

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