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

Land		$ 3,498,000
Buildings	$26,630,000
Less: Accumulated depreciationbuildings	13,904,550	12,725,450
Equipment	46,640,000
Less: Accumulated depreciationequipment	5,830,000	40,810,000
Total plant assets		$57,033,450

During 2023, the following selected cash transactions occurred.

April 1	Purchased land for $2,565,200
May 1	Sold equipment that cost $699,600 when purchased on January 1, 2016. The equipment was sold for $198,220.
June 1	Sold land for $1,865,600. The land cost $1,166,000.
July 1	Purchased equipment for $1,282,600.
December 31	Retired equipment that cost $816,200 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 (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.

$3,498,000

$26,630,000

$-13,904,550

$46,640,000

$-5,830,000

April 1

May 1

May 1

June 1

July 1

December 31

December 31