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At December 31, 2022, Indigo Corporation reported the following plant assets. Land $5,358,000 Buildings $26.710,000 Less: Accumulated depreciation--buildings 21.298,050 5,411,950 Equipment 71.440,000 Less: Accumulated depreciation--equipment

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At December 31, 2022, Indigo Corporation reported the following plant assets. Land $5,358,000 Buildings $26.710,000 Less: Accumulated depreciation--buildings 21.298,050 5,411,950 Equipment 71.440,000 Less: Accumulated depreciation--equipment 8.930,000 62,510,000 Total plant assets $73,279.950 During 2023, the following selected cash transactions occurred. Apr 1 Purchased land for $3.929.200. Apr 1 Purchased land for $3,929,200. May 1 June 1 Sold equipment that cost $1,071.600 when purchased on January 1, 2016. The equipment was sold for $303,620 Sold land for $2,857,600. The land cost $1.786,000, Purchased equipment for $1.964,600 July 1 Dec 31 Retired equipment that cost $1.250,200 when purchased on December 31, 2013. No salvage Value was received Prepare a tabular summary that includes the plant asset accounts and balances shown on the December 31, 2022, balance sheet. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Cash Land Buildings Accum. De Bal. $ $ S sheet. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Liabilities Accum. Depr.- Bldgs + Equipment Accur. Depr.- Equip $ the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Retained Earnings Common Stock Revenue Expense Dividend $ At December 31, 2022 Indigo Corporation reported the following plant assets Land $5.358,000 $26.710,000 Buildings Less: Accumulated depreciation--buildings 21.298,050 5,411,950 Equipment 71.440,000 Less: Accumulated depreciation equipment 8.930,000 62.510,000 Total plant assets $73,279,950

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