9 on udIdings Machinery and equipment 250,000 167,008 06,0 95,325 03,000 25 years. Straight ine: 10 years 150% declining balance, 5 years, all acquired after 2014 beferences Land improvements Straight line Depreciation is computed to the nearest morth and residual values are immaterial. Transactions during 2018 and other information a On Janusary 6, 2018, a plant faciny comsting o of land and building was acquired from King Corp in exchange for 20,000 shares of Cord's common stock On this date, Cord's stock had a fair value of $50 a share. Current assessed values of land and building for are $175.000 and $525,000 b. On March 25,2018, new parking c The lots, streets, and sidewalks at the acquired plant facklity were completed at a total cost of $162000. ted useful lite of 12 years had an lease, which would terminate on December 31, 2020, was d. On July 1, 2018 on December 31, 2014, and had an estimated useful lIife of eight years. The reiated e for an addtional four-year term. On April 30 2018, Cord were purchased at a total invoice cost of $320,000. Addisional costs of $10,000 for and equipment delivery and $45,000 for installation e On August 30, were incurred t On September 30, 2018, a truck with a cost of $23.500 and a book value of $8.200 on date of sale was sold for $11,000 2018, Cord purchased a new automobile for $12,000 g on December 20, 2018, a machine with a cost of S14 500 and a book value of $2.850 at date of dispostion was scrapped withouat cash recovery 1. Prepare a schedule analyzing the changes in each of the plant asset accounts during 2018. Do not analyze changes in accumulated 2. For each asset category, prepare a schedule showing depreciation or amortization expense for the year ended December 3t 2018 Type here to