At December $31,2025,$ Sheffield Corporation reported the following plant assets.

Land

$$3,798,000$

Buildings

$$26,660,000$

Less: Accumulated depreciation$-$buildings $\frac{11,997,000}{14,663,000}$

Equipment $50,640,000,$

During $2026,$ the following selected'cash transactions occurred.

Apr. $1$ Purchased land for $$2,785,200.$

May $1$ Sold equipment that cost $$759,600$ when purchased on January $1,2019.$ The equipment was sold

June $1$ Sold land for $$2,025,600.$ The land cost $$1,266,000.$