Current Attempt in Progress At December 31, 2022, Martinez Corporation reported the following plant assets. Land Buildings $3,783,000 $26,590,000 Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation-equipment 15,037,425 11,552,575 50,440,000 6,305,000 44,135,000 Total plant assets During 2023, the following selected cash transactions occurred. $59,470,575 Apr. 1 Purchased land for $2,774,200. May June 1 Sold equipment that cost $756,600 when purchased on January 1, 2016. The equipment was sold for $214,370. 1 Sold land for $2.017,600. The land cost $1,261,000, July 1 Purchased equipment for $1 292710 During 2023, the following selected cash transactions occurred. Apr. 1 Purchased land for $2,774,200. May 1 Sold equipment that cost $756,600 when purchased on January 1, 2016. The equipment was sold for $214,370, June 1 Sold land for $2,017.600. The land cost $1,261,000. July 1 Purchased equipment for $1,387,100. Dec. 31 Retired equipment that cost $882,700 when purchased on December 31, 2013. No salvage value was received. (a) Prepare a tabular summary that includes the plant asset accounts and balances shown on the December 31, 2022, balance sheet. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Cash Land Assets (a) Prepare a tabular summary that includes the plant asset accounts and balances shown on the December 31, 2022, balance sheet. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Cash Land Buildings Bal. $ $ eTextbook and Media List of Accounts Save for Later Assets Accum. Depr. Attempts: 0 of 3 used Submit