Ayayai Corporation, a manufacturer of steel products, began operations on October 1, 2016. The accounting department of Ayayai has started the fixed-asset and depreciation schedule presented below. You have been asked to assist in completing this schedule. In addition to ascertaining that the data already on the schedule are correct, you have obtained the following information from the companys records and personnel.

1.		Depreciation is computed from the first of the month of acquisition to the first of the month of disposition.
2.		Land A and Building A were acquired from a predecessor corporation. Ayayai paid $816,700 for the land and building together. At the time of acquisition, the land had an appraised value of $94,900, and the building had an appraised value of $854,100.
3.		Land B was acquired on October 2, 2016, in exchange for 2,500 newly issued shares of Ayayais common stock. At the date of acquisition, the stock had a par value of $5 per share and a fair value of $30 per share. During October 2016, Ayayai paid $15,400 to demolish an existing building on this land so it could construct a new building.
4.		Construction of Building B on the newly acquired land began on October 1, 2017. By September 30, 2018, Ayayai had paid $338,600 of the estimated total construction costs of $417,000. It is estimated that the building will be completed and occupied by July 2019.
5.		Certain equipment was donated to the corporation by a local university. An independent appraisal of the equipment when donated placed the fair value at $38,900 and the salvage value at $2,700.
6.		Machinery As total cost of $173,000 includes installation expense of $550 and normal repairs and maintenance of $14,800. Salvage value is estimated at $5,900. Machinery A was sold on February 1, 2018.
7.		On October 1, 2017, Machinery B was acquired with a down payment of $5,290 and the remaining payments to be made in 11 annual installments of $5,550 each beginning October 1, 2017. The prevailing interest rate was 8%. The following data were abstracted from present value tables (rounded).

Present value of $1.00 at 8%				Present value of an ordinary annuity of $1.00 at 8%
10 years		0.463		10 years		6.710
11 years		0.429		11 years		7.139
15 years		0.315		15 years		8.559

Complete the schedule below. (Round answers to o decimal places, e.g. 45,892.) AYAYAI CORPORATION Fixed-Asset and Depreciation Schedule For Fiscal Years Ended September 30, 2017, and September 30, 2018 Depreciation Expense Year Ended September 30 Assets Acquisition Date October 1, 2016 October 1, 2016 October 2, 2016 Under Construction Cost Salvage Depreciation Method Estimated Life in Years 2017 2018 Land A Building A Land B Building B Donated Equipment October 2, 2016 (7) Machinery A Machinery B Click if you would like to Show Work for this question: (1) (2) (5) N/A N/A N/A N/A N/A $40,600 Straight- ine (3) $15,432 (4) N/A N/A Straight-line 150% declining-balance N/A 30 10 N/A N/A $338,600 to date 2,700 October 2, 2016 (10) 5,900 Sum-of-the-years'-digits (12) October 1, 2017 (13) Straight-line 20 (14) Open Show Work Question Attempts: 0 of 15 use