Current Attempt in Progress

Sunland Supply Company, a newly formed corporation, incurred the following expenditures related t$$ Land, to Buildings, and to Machinery and Equipment.

Abstract company's fee for title search

Architect's fees

Cash paid for land and dilapidated building thereon

Removal of old building

Less: Salvage

Interest on short$-$term loans during construction

Excavation before construction for basement

Machinery purchased $($subject to $2\%$ cash discount, which was not taken$)$

Freight on machinery purchased

:$.$$$858$

$5,231$

$143,550$

$$33,000$

$9,075$

$23,925$

$12,210$

$31,350$

$90,750$

$2,211$

Storage charges on machinery, necessitated by noncompletion of building when machinery was delivered

$3,597$

New building constructed $($building construction took $6$ months from

date of purchase of land and old building$)$

Assessment by city for drainage project

Hauling charges for delivery of machinery from storage to new building

Installation of machinery

Trees, shrubs, and other landscaping after completion of building

$($permanent in nature$)$

$8\mathrm{.}910$

Determine the amounts that should be debited to Land, to Buildings, and to Machinery and Equipment. Assume the benefits of $.$ capitalizing interest during construction exceed the cost of implementation. Indicate how any costs not debited to these accounts should be recorded. $($Please leave spaces blank if there is no answer. Do not enter zeros in those spaces.$)$

Abstract feesArchitect'sfeesCash paid forland and oldbuildingRemoval of oldbuildingInterest onloans duringconstructionExcavationbeforeconstructionLandBuildingsMachinery and EquipmentOtl

Abstract feesArchitect's feesCash paid for dandand old buildingRemoval of oldbuildingInterest on loansduring constructionExcavation beforeconstructionMachiney purchasedFreight on machineryStorage chargesCaused byoncompletion ofbuildingNew buildingAssessment by ctyMauing chargesmachinenyInstallation $-$machineryLandscapingLandBulldingsMachinery andEquipmentOther