Acquisition Cost of Long-Lived Assets The Cost of land site, which Legal fees, including fee for title search Payment of apartment building mortgage and related interest due at time of sale Payment for delinquent property taxes assumed by the purchaser Cost of razing the apartment building Proceeds from sale of salvaged materials Grading to establish proper drainage flow on land site Architect's fees on new building Proceeds from sales of excess dirt (from basement excavation) to owner of adjoining property (dirt was used to fill in a low area on property) Payment to building contractor Payment of medical bills of employee accidentally injured while imspecting building construction Special assessment for paving city sidewalks (paid to city) Cost of paving driveway and parking lot Cost of Installing lights in parking lot Premium for insurance on building during construction Cost of open house party to celebrate opening of new building an old apartment building appraised at $75,000 $166,000 9,400 4,100 18,000 (3,900) 310,000 (3,000) 6,000,000 9,000 26,000 10,200 8,500 9,000 Required From the given data, calculate the proper balances for the Land, Building, and Land Improvements accounts of Lowrey Company Land Land ents $ 36,20