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Current Attempt in Progress At December 31, 2022, Grouper Corporation reported the following plant assets. Land $ 3.783.000 Buildings $ 26,570,000 Less: Accumulated depreciation-buildings 15,037,425

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Current Attempt in Progress At December 31, 2022, Grouper Corporation reported the following plant assets. Land $ 3.783.000 Buildings $ 26,570,000 Less: Accumulated depreciation-buildings 15,037,425 11,532,575 Equipment 50,440,000 Less: Accumulated depreciation-equipment 6,305,000 44,135,000 Total plant assets $ 59,450,575 nurinn on the ...! During 2023, the following selected cash transactions occurred. Apr. 1 May 1 June 1 Purchased land for $ 2,774,200, Sold equipment that cost $ 756,600 when purchased on January 1, 2016. The equipment was sold for $ 214,370. Sold land for $2,017,600. The land cost $ 1.261,000 Purchased equipment for $1,387,100. Retired equipment that cost $882,700 when purchased on December 31, 2013. No salvage value was received July 1 Dec 31 Enter the 2023 transactions in the tabular summary from part (a). Grouper uses straight-line depreciation for buildings and equipment. The buildings are estimated to have a 40-year useful life and no salvage value; the equipment is estimated to have a 10-year useful life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirement. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Cash Land Buildings Accu Bal. $3,783,000 $ 26,570,000 Apr. 1 $ 27741200 2774200 May 1 May 1 214370 June 1 2017600 11261.000 July 1 187100 Dec. 31 Dec 31 Liabilities Equipment Accum. Depr. - Bldgs $(15,037.425) Accum. Depr.- Equip $16,305,000) $ 50,440,000 $ 25220 750,000 -554840 1.367.100 88270 2700 -882.700 Stockholders' Equity Retained Earnings Revenue Expense Dividend $ 25220 1 Depreciation expense 12610 Gainon disposal 756600 Depreciation expense i 88270 Depreciation expense

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