1b. (15 points) Calculate the amount to be capitalized in the following scenarios: Part A. On July 6, 2021. ABC Corporation acquired the plant assets of XYZ Company, which had discontinued operations. The appraised value of the acquired property was as follows: Land Buildings Building equipment Total $ 400,000 1,200,000 800.000 $2,400.000 ABC gave 12,500 shares of its $100 par value common stock in exchange. The stock had a market price of $168 per share on the date of the purchase of the property. Land Buildings Equipment Part B. ABC Corporation expended the following amounts in cash between the purchase date (07/06) and the date it first occupied the building (12/15): Repairs to building $105,000 Construction of bases for equipment to be installed later 135,000 Driveways and parking lots 122,000 Remodeling of office space in buildings, including new partitions and walls 161,000 Special assessment by city on land-enacted 10/22 18,000 Land Buildings Equipment Part C. On 12/20 ABC paid cash for equipment, $260,000, and took advantage of a 2% cash discount. Freight on the equipment was also paid in cash, $10,500. Equipment