At December 31, 2022, Sheffield Corporation reported the following plant assets. Land $5,313,000 Buildings $26,670,000 Less: Accumulated depreciation-buildings 21,119,175 5,550,825 Equipment 70,840,000 Less: Accumulated depreciation equipment 8,855,000 61,985,000 Total plant assets $72,848,825 During 2023, the following selected cash transactions occurred. Apr. 1 Purchased land for $3,896,200. May 1 Sold equipment that cost $1,062,600 when purchased on January 1, 2016. The equipment was sold for $301,070. June 1 Sold land for $2,833,600. The land cost $1,771,000. July 1 Purchased equipment for $1,948, 100. Dec. 31 Retired equipment that cost $1,239,700 when purchased on December 31, 2013. No salvage value was received. Prepare the plant assets section of Sheffield's balance sheet at December 31, 2023. (Hint: You may wish to set up T accounts, post beginning balances, and then post 2023 transactions.) (List Plant Assets in order of Land, Building and Equipment.) SHEFFIELD CORPORATION Partial Balance Sheet December 31, 2023 V Plant Assets Land $ Buildings $ Less Buildings Equipment Less Accumulated Depreciation-Equipment Total Plant Assets $