At December 31, 2020, Cord Company's plant asset and accumulated depreciation and amortization accounts had balances as follows Plant Asset $ 184,000 Accumulated Depreciation and Amortization $ Category Land Land improvements Buildings Equipment Automobiles and trucks Leasehold improvements 1,950,000 1,575,000 181,000 234,090 337,900 326,500 109,325 117,000 Depreciation methods and useful lives: Buildings-150% declining balance: 25 years Equipment-Straight line, 10 years Automobiles and trucks-200% declining balance, 5 years, all acquired after 2017 Leasehold improvements-Straight line Land improvements--Straight line! Depreciation is computed to the nearest month and residual values are immaterial, Transactions during 2021 and other information a On January 6, 2021, a plant facility consisting of land and building was acquired from King Corp in exchange for 34,000 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 $210,000 and 5630,000, respectively b On March 25, 2021, new parking lots, streets, and sidewalks at the acquired plant facility were completed at a total cost of $246,000. These expenditures had an estimated useful life of 12 years The leasehold improvements were completed on December 31, 2017, and had an estimated useful life of eight years. The related Jease. which would terminate on December 31, 2023, was renewable for an additional four-year term On Apr 30, 2021. Cord exercised the renewal option d. On July 1, 2021, equipment was purchased at a total invoice cost of $334,000. Additional costs of $10,000 for delivery and $59.000 for installation were incurred e On September 30, 2021, Cord purchased a new automobile for $13.400 on September 30, 2021, a truck with a cost of $24.900 and a book value of 510,800 on date of sale was sold for $12.400 On December 20, 2021, equipment with a cost of $21.500 and a book value of $3,200 at date of disposition was scrapped without cash recovery Required: 1. Prepare a schedule analyzing the changes each of the plantas accounts during 2021 Do not analyse changes in accumulated depreciation and amortization 2. Forech asset category, prepare a schedule showing depreciation or amortization expense for the year ended December , 2021