At December 31, 2015, Cord Company's plant asset and accumulated depreciation and amortization accounts had balances as follows:

Category	Plant Asset	Accumulated Depreciation and Amoritization
Land	$ 167,000	$
Buildings	1,100,000	320,900
Machinery and equipment	725,000	309,500
Automobiles and trucks	164,000	92,325
Land improvements

Depreciation methods and useful lives: Buildings150% declining balance; 25 years. Machinery and equipmentStraight line; 10 years. Automobiles and trucks150% declining balance; 5 years, all acquired after 2012. Land improvementsStraight line.

Depreciation is computed to the nearest month and residual values are immaterial. Transactions during 2016 and other information:

On January 2, 2016, a plant facility consisting of land and building was acquired from King Corp. in exchange for 17,000 shares of Cord's common stock. On this date, Cord's stock had a fair value of $50 a share. Current assessed values of land and building for property tax purposes are $167,500 and $502,500, respectively.

On March 30, 2016, new parking lots, streets, and sidewalks at the acquired plant facility were completed at a total cost of $144,000. These expenditures had an estimated useful life of 12 years.

On July 1, 2016, machinery and equipment were purchased at a total invoice cost of $317,000. Additional costs of $10,000 for delivery and $42,000 for installation were incurred.

On August 30, 2016, Cord purchased a new automobile for $11,700.

On September 30, 2016, a truck with a cost of $23,200 and a book value of $7,600 on date of sale was sold for $10,700. Depreciation for the nine months ended September 30, 2016, was $1,710.

On December 31, 2016, a machine with a cost of $13,000 and a book value of $2,775 at date of disposition was scrapped without cash recovery.

Required:

Prepare a schedule analyzing the changes in each of the plant asset accounts during 2016.

This schedule should include columns for beginning balance, increase, decrease, and ending balance for each of the plant asset accounts. Do not analyze changes in accumulated depreciation and amortization.

For each asset category, prepare a schedule showing depreciation or amortization expense for the year ended December 31, 2016.