Carla Vista Co. was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order.

Debit
1.		Excavation costs for new building		$21,000
2.		Architects fees on building plans		31,000
3.		Full payment to building contractor		638,000
4.		Cost of real estate purchased as a plant site (land $253,000 and building $25,000)		278,000
5.		Cost of parking lots and driveways		27,000
6.		Accrued real estate taxes paid at time of purchase of land		2,970
7.		Installation cost of fences around property		6,600
8.		Cost of demolishing building to make land suitable for construction of new building		29,000
9.		Real estate taxes paid for the current year on land		6,200
				$1,039,770
Credit
10.		Proceeds from salvage of demolished building		$ 11,800

Analyze the transactions using the following table column headings. Enter the amounts in the appropriate columns. For amounts in the Other Accounts column, also indicate the account title. (If an amount falls into either the Land or Buildings column, enter "Not Applicable" in the account title column. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

						Other Accounts
Item		Land		Building		Amounts	Account Title
1		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount	choose an account title Prepaid InsuranceLicense ExpenseNot ApplicableLand ImprovementsProperty Tax Expense
2		enter a dollar amount		enter a dollar amount		enter a dollar amount	choose an account title License ExpenseLand ImprovementsNot ApplicablePrepaid InsuranceProperty Tax Expense
3		enter a dollar amount		enter a dollar amount		enter a dollar amount	choose an account title Land ImprovementsLicense ExpenseNot ApplicablePrepaid InsuranceProperty Tax Expense
4		enter a dollar amount		enter a dollar amount		enter a dollar amount	choose an account title Land ImprovementsNot ApplicableLicense ExpenseProperty Tax ExpensePrepaid Insurance
5		enter a dollar amount		enter a dollar amount		enter a dollar amount	choose an account title Land ImprovementsNot ApplicablePrepaid InsuranceProperty Tax ExpenseLicense Expense
6		enter a dollar amount		enter a dollar amount		enter a dollar amount	choose an account title Property Tax ExpenseLand ImprovementsLicense ExpensePrepaid InsuranceNot Applicable
7		enter a dollar amount		enter a dollar amount		enter a dollar amount	choose an account title Land ImprovementsLicense ExpensePrepaid InsuranceProperty Tax ExpenseNot Applicable
8		enter a dollar amount		enter a dollar amount		enter a dollar amount	choose an account title Not ApplicablePrepaid InsuranceLicense ExpenseProperty Tax ExpenseLand Improvements
9		enter a dollar amount		enter a dollar amount		enter a dollar amount	choose an account title Not ApplicableProperty Tax ExpensePrepaid InsuranceLicense ExpenseLand Improvements
10		enter a dollar amount		enter a dollar amount		enter a dollar amount	choose an account title Property Tax ExpenseNot ApplicablePrepaid InsuranceLicense ExpenseLand Improvements
		$enter a total for the land column		$enter a total for the building column