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Assets At December 31, 2027, Ayayai Corporation reported the following plant assets. During 2028, the following selected cash transactions occurred. Apr. 1 Purchased land for

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Assets At December 31, 2027, Ayayai Corporation reported the following plant assets. During 2028, the following selected cash transactions occurred. Apr. 1 Purchased land for $3,841,200. May 1 Sold equipment that cost $1,047,600 when purchased on January 1, 2021. The equipment was sold for $296,820. June 1 Sold land for $2,793,600. The land cost $1,746,000. July 1 Purchased equipment for $1,920,600. Dec. 31 Retired equipment that cost $1,222,200 when purchased on December 31, 2018. No salvage value was received. Prepare a tabular summary that includes the plant asset accounts and balances shown on the December 31, 2027, balance shcet. (If a transaction causes a decrease in Assets, Labilities or Stockholders' Equilty, place a negative sign (or parentheses) in front of the ancuint entered for the particular Asset, Llability or Equityitem that was reduced)

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