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Coronado Supply Company, a newly formed corporation, incurred the following expenditures related to Land, to Buildings, and to Machinery and Equipment. Abstract company's fee for
Coronado Supply Company, a newly formed corporation, incurred the following expenditures related to Land, to Buildings, and to Machinery and Equipment. Abstract company's fee for title search Architect's fees $1,144 Cash paid for land and dilapidated building thereon 191,400 Removal of old building \begin{tabular}{rr} $44,000 & \\ 12.100 & 31,900 \\ \hline \end{tabular} Less: Salvage Interest on short-term loans during construction 16,280 Excawation before construction for basement 41,800 Machinery purchased (subject to 2% cash discount, which was not taken) 121.000 Freight on machinery purchased 2,948 Storage charges on machinery. necessitated ty noncompletion of building when machinery was delivered 4,796 New building constructed lbuilding construction took 6 months from date of purchase of land and old builiding) Assessment by city for drainage project 1,067,000 3,520 1,364 4,400 Hauling charges for dellivery of machinery from storage to new buildine Installation of machinery Trees. shrubs, and other landscaping after completion of building (permanent in nature) 11,860 Abutract iees 5 Land Archetectsteet Enk paid har land and olt byldine Penoval of old fultive Wherest en ham aleiteciotituction Fetavitisntelive tonteretion Matheserv purthined Frestel of tuathivery hew buliting Assesumest by ixy taiding chagevt - mackient Instatition + machinery Lanctuanin
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