A biodegradable and recycling company made the following expenditures in onnection with the construction of its new building Architect's fees for the new building $24,000 Cash paid for land and run-down building on the land 600,000 Removal of old building 36,000 Salvage from sale of old building materials 8,000 Construction survey to site the new building 3,000 Legal fees for title search 6,000 Excavation for basement construction 50,000 Machinery purchased for operations 200,000 Freight on machinery purchased 3,200 Construction costs of new building 2,000,000 Landscaping 40,000 Installation of machinery 5,000 Required: Prepare a schedule showing the amounts to be recorded as land, buildings, and machinery. O