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ACC291 BRIEF EXERCISE 9-11.Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2014 (in millions): other plant assets $934.9; land $208.5; patents and trademarks (at cost) $523.3; machinery and equipment

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Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2014 (in millions): other plant assets $934.9; land $208.5; patents and trademarks (at cost) $523.3; machinery and equipment $2,081.4; buildings $915; goodwill (at cost) $193.2; accumulated amortization $50.8; and accumulated depreciation $2,276.

Prepare a partial balance sheet for Nike for these items. (List Property, Plant and Equipment in order of Land, Buildings and Equipment.)

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