Al January 1, 2017, Oriole Company reported the following property, plant, quipment accounts Accumulated depreciation-buildings $62,700,000 Accumulated depreciation-iment 54,100,000 Buildings 97,400.000 Equipment 150,900,000 Land 23,000,000 The company uses straight-line depreciation for buildings and equipment, its year end is December 31, and it makes adjustments annually. The buildings are estimated to have a 40-year sette and no salapeva salvage value During 2017, the following selected transactions occurred: Purchased and for $4.50 milion. Pald 1.125 million cash and issued a year 6 note payable for the balance. Interest on the note is payable annually each April 1. May 1 Sold equipment for $330,000 cash. The equipment cost $3.18 million when originally purchased on January 1, 2009 Sune 1 Sold land for 53.72 milion, Received $900.000 cash and accepted a 3-year, 5% note for the balance. The land cost $1.50 million when purchased on June 1, 2011. Interest on the note is due annually ead July 1 Purchased equipment for $2.10 million cash Dec.31 Retired equipment that cost $1 milion when purchased on December 31, 2007. No proceeds were received Prepare a tabula summary that includes the property, plant, and equipment balances as of January 1, 2017. (If a transaction causes a decrease in Assets, Liabilities or stockholders foulty, pawangat the particular Asset, Liability or Equity item that was reduced.) DR. HUNC were record (a) Prepare a tabular summary that includes the property, plant, and equipment balances as of January 1, 2017. (Il a transaction causes a decrease in Assets, Liabities or Stockholders' Rowly place a negative the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Cash + Notes Rec. Interest Rec. + Land + Buildings Accum. Depr. - Bldg. + Equipment Accum. Depr. - Equip. Interest Payable + Notes Payable.com Jan. 1 Click if you would like to show Work for this question: Open Show Work - U SLULIers UUity, Maced heyd live in OP Parentheses IPONE OF the amount entered for Liabilities + Stockholders' Equity Retained Earnings Revenue Expense = Interest Payable + Notes Payable + Common Stock + Dividend