At December 31, 2022, Martinez Corporation reported the following plant assets.

Land				$ 3,783,000
Buildings		$26,590,000
Less: Accumulated depreciationbuildings		15,037,425		11,552,575
Equipment		50,440,000
Less: Accumulated depreciationequipment		6,305,000		44,135,000
Total plant assets				$59,470,575

During 2023, the following selected cash transactions occurred.

Apr.	1		Purchased land for $2,774,200.
May	1		Sold equipment that cost $756,600 when purchased on January 1, 2016. The equipment was sold for $214,370.
June	1		Sold land for $2,017,600. The land cost $1,261,000.
July	1		Purchased equipment for $1,387,100.
Dec.	31		Retired equipment that cost $882,700 when purchased on December 31, 2013. No salvage value was received.

(a)

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 (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

		Assets											=	Liabilities	+	Stockholders' Equity
																		Retained Earnings
		Cash	+	Land	+	Buildings	-	Accum. Depr. - Bldgs.	+	Equipment	-	Accum. Depr. - Equip.	=		+	Common Stock	+	Revenue	-	Expense	-	Dividend
Bal.		$enter a balance amount		$enter a balance amount		$enter a balance amount