At December 31, 2019, certain accounts included in the property, plant, and equipment section of Marigold Corporations statement of financial position had the following balances:

Land		$309,540
BuildingsStructure		882,850
Leasehold Improvements		705,000
Equipment		844,630

During 2020, the following transactions occurred:

1.

Land site No. 621 was acquired for $799,520 plus a fee of $6,900 to the real estate agent for finding the property. Costs of $33,280 were incurred to clear the land. In clearing the land, topsoil and gravel were recovered and sold for $10,590.

2.

Land site No. 622, which had a building on it, was acquired for $559,600. The closing statement indicated that the lands assessed tax value was $308,960 and the buildings value was $101,560. Shortly after acquisition, the building was demolished at a cost of $27,570. A new building was constructed for $339,820 plus the following costs:

Excavation fees		$37,650
Architectural design fees		14,620
Building permit fee		2,130
Green roof design and construction (to be retrofitted every seven years)		35,500
Imputed interest on funds used during construction (share financing)		8,410

The building, completed and occupied on September 30, 2020, is expected to have a 30-year useful life.

3.

A third tract of land (No. 623) was acquired for $264,880 and was put on the market for resale.

4.

During December 2020, costs of $88,750 were incurred to improve leased office space. The related lease will terminate on December 31, 2022, and is not expected to be renewed.

5.

Equipment was purchased under a royalty agreement. The terms of the agreement require Marigold Corporation to pay royalties based on the units of production for the equipment. The equipments invoice price was $110,860, freight costs were $3,250, installation costs were $3,210, and royalty payments for 2020 were $15,250.

(a) Calculate the balance at December 31, 2020 in each of the following accounts: Land, Leasehold Improvements, BuildingsStructure, BuildingsRoof, and Equipment. Ignore the related Accumulated Depreciation accounts.

Land		$
Leasehold Improvements		$
BuildingsStructure		$
BuildingsRoof		$
Equipment		$