ACC291 Suppose Nike, Inc. reported the following plant assets and intangible

Brief Exercise 9-11Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May31, 2014 (in millions): other plant assets $915.0; land $235.6; patents and trademarks (at cost)$513.2; machinery and equipment $2,150.8; buildings $900; goodwill (at cost) $192.3; accumulatedamortization $41.7; and accumulated depreciation $2,387.Prepare a partial balance sheet for Nike for these items. (List Property, Plant and Equipment inorder of Land, Buildings and Equipment.)NIKE, INC.Partial Balance SheetAs of May 31, 2014(in millions)Property, Plant and Equipment$Land235.6$Buildings900.0Machinery and Equipment2150.8Other Plant Assets915.0Less:2387.01578.8Accumulated Depreciation1814.4Total Property, Plant and EquipmentIntangible AssetsGoodw ill192.30$Patents and Trademarks513.20Less:41.7Accumulated AmortizationTotal Intangible Assets