At December $31,2020.$ Cord Company's plant asset and accumulated depreciation and amortization accounts had balances as follows:

Deprecletion methods and useful llves:

Buildings $-150\%$ declining balance; $25$ years.

Equipment$-$Straight line; $10$ years.

Automobiles and trucks$-200\%$ declining balance; $5$ years, all acquired after $2017.$

Leasehold improvements$-$Straight line.

Land improvements$-$Straight line.

Depreciation is computed to the nearest month and residual values are immaterial. Transactions during $2021$ and other information:

a$.$ On January $6,2021,$ a plant facility consisting of land and building was acquired from King Corp. in exchange for $15,000$ shares of

Cord's common stock. On this date, Cord's stock had a fair value of $$40$ a share. Current assessed values of land and building for

property tax purposes are $$130,000$ and $$520,000,$ respectively.

b$.$ On March $25,2021,$ new parking lots, streets, and sidewalks at the acquired plant facility were completed at a total cost of $$132,000.$

These expenditures had an estimated useful life of $12$ years.

c$.$ The leasehold improvements were completed on December $31,2017,$ and had an estimated useful life of eight years. The related

lease, which would terminate on December $31,2023,$ was renewable for an additional four$-$year term. On April $30,2021,$ Cord

exercised the renewal option.

d$.$ On July $1,2021,$ equipment was purchased at a total invoice cost of $$315,000.$ Additional costs of $$12,000$ for delivery and $$40,000$

for installation were incurred.

e$.$ On September $30,2021,$ Cord purchased a new automobile for $$11,500.$

f$.$ On September $30,2021,$ a truck with a cost of $$23,000$ and a book value of $$7,200$ on date of sale was sold for $$10,500.$

Depreciation for the nine months ended September $30,2021,$ was $$1,620.$

g$.$ On December $20,2021,$ equipment with a cost of $$12,000$ and a book value of $$2,725$ at date of disposition was scrapped without

cash recovery.

Requlred:

$1.$ Prepare a schedule analyzing the changes in each of the plant asset accounts during $2021.$ Do not analyze changes in accumulated

depreciation and amortization.

$2.$ For each asset category, prepare a schedule showing depreciation or amortization expense for the year ended December $31,2021.$