ABC Corp. had the following expenditures during 2022.
Classify each item below and then calculate the totals for each category.
Additional plumbing required for the new equipment				4,000
Architect's fees				10,000
Bricks and lumber salvaged from the demolition of the old building on land				3,000
Cash paid for equipment including sales tax of $4,286				90,000
Cash paid for land as a site to build new office on				200,000
Closing costs on the purchase of the land				7,000
Cost of clearing trees and grading the land for the plant site				8,000
Delinquent real estate taxes on land purchased				16,000
Building permit for new building				600
Gain on purchase of the land: purchase price less than current market value				20,000
Cost of moving the equipment into the factory and testing the equipment				3,000
Cost of removing old building on the site for the new office				5,000
Excavation costs for foundation of new building				6,000
Freight and insurance on equipment while in transit				1,000
Interest on short term notes during construction				700
Routine maintenance on equipment during the first year of its operation				800
Title seach on the land				900
New building constructed ( construction took 6 months
from date of purchase of land and old building)				250,000
Assessment by city for water and sewer lines				18,000
Current year's real estate taxes on land				1,500
Cost of parking lots and driveways				12,000
Perimeter fencing				9,000
Installation of underground sprinkler system				3,500
Landscape costs for mowing and planting flowers				60

Directions : Please classify each item under either

Land

land improvements

building

equipment

Other or expensed during current year

INCLUDE EXPLANATION /ACCOUNT for last column for each account