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Account title drop down options are Land Improvements, Property Tax Expense, Prepaid Insurance, License Expense, and Not Applicable. Thanks! Cullumber Company was organized on January

Account title drop down options are Land Improvements, Property Tax Expense, Prepaid Insurance, License Expense, and Not Applicable. Thanks!

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Cullumber Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order. Debit 1. Excavation costs for new building $15.000 2. Architect's fees on building plans 25.000 3. Full payment to building contractor 632,000 Cost of real estate purchased as a plant site (land $247.000 and building $25.000) 272.000 5. Cost of parking lots and driveways 21,000 Accrued real estate taxes paid at time of purchase of land 2.370 7. Installation cost offences around property 6.000 Cost of demolishing building to make land suitable for construction of new building 23,000 9. Real estate taxes paid for the current year on land 5.600 $1.001.970 Credit Proceeds from selvage of demolished building 10. $11.200 Analyze the transactions using the following table column headings. Enter the amounts in the appropriate columns. For amounts in the Other Accounts column, also indicate the account title. (If an amount falls into either the Land or Buildings column, enter "Not Applicable" in the account title column. Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses eg. (451) Other Accounts Land Building Amounts Account Title S $ S

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