At December 31, 2017, Grand Company reported the following as plant assets. Land $ 4,100,000 Buildings $28,400,000 Less: Accumulated depreciationbuildings 12,870,000 15,530,000 Equipment 47,910,000 Less: Accumulated depreciationequipment 5,360,000 42,550,000 Total plant assets $62,180,000 During 2018, the following selected cash transactions occurred. April 1 Purchased land for $2,100,000. May 1 Sold equipment that cost $1,080,000 when purchased on January 1, 2014. The equipment was sold for $648,000. June 1 Sold land purchased on June 1, 2008 for $1,530,000. The land cost $408,000. July 1 Purchased equipment for $2,370,000. Dec. 31 Retired equipment that cost $485,000 when purchased on December 31, 2008. The company received no proceeds related to salvage. Prepare the plant assets section of Grands balance sheet at December 31, 2018.

(List Plant Assets in order of Land, Buildings and Equipment.)

GRAND COMPANY Balance Sheet (Partial)