At December 31, 2017, Blue Corporation reported the following plant assets.

Land				$ 5,853,000
Buildings		$26,740,000
Less: Accumulated depreciationbuildings		23,265,675		3,474,325
Equipment		78,040,000
Less: Accumulated depreciationequipment		9,755,000		68,285,000
Total plant assets				$77,612,325

During 2018, the following selected cash transactions occurred.

Apr.	1		Purchased land for $4,292,200.
May	1		Sold equipment that cost $1,170,600 when purchased on January 1, 2011. The equipment was sold for $331,670.
June	1		Sold land for $3,121,600. The land cost $1,951,000.
July	1		Purchased equipment for $2,146,100.
Dec.	31		Retired equipment that cost $1,365,700 when purchased on December 31, 2008. No salvage value was received.

1.Prepare the plant assets section of Blues balance sheet at December 31, 2018. (Hint: You may wish to set up T accounts, post beginning balances, and then post 2018 transactions.) (List Plant Assets in order of Land, Building and Equipment.)