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

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Crane Company 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 $26,000 2 Architect's fees on building plans 36,000 3 Ful payment to building contractor 643,000 4. Cost of real estate purchased as a plant site (land $258,000 and building $25,000) 283,000 5. Cost of parking lots and driveways 32,000 6. Accrued real estate taxes paid at time of purchase of land 3,470 7 Installation cost of fences around property 7,100 8 Cost of demolishing bullding to make tand suitable for construction of new building 34,000 9 Real estate taxes paid for the current year on land 6,700 $1.071220 Credit 10. Proceeds from salvage of demolished building 512.300 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).)

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