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Bramble Landscaping began construction of a new plant on December 1, 2025, On this date, the company purchased a parcel of land for $252,600 in

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Bramble Landscaping began construction of a new plant on December 1, 2025, On this date, the company purchased a parcel of land for $252,600 in cash In addition, it paid $3,600 in surveying costs and $7,200 for a title insurance policy. Ann old dwelling on the premises was demolished at a cost of $5,400, with $1.800 being received from the sale of materials. Architectural plans were also formalized on December 1, 2025, when the architect was paid 554.000 . The necessary bailding permits costing $5,400 were obtained from the city and paid for on December 1 as well. The exeavation workbegan during the first week in December with payments made to the contractor in 2026 as follown. The building was completed on July 1.2026 To finance construction of this plant. Bramble borrowed $1,080,000 from the bank on December 1, 2025. Bramble had na other borrowings. The $1,090,000 was a 10 year loan bearing interest at 10N. Compute the balance in each of the followint accounts at December 31, 2025, and December 31. 2026

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