Current Attempt in Progress The following expenditures and receipts are related to land, land improvements and buildings acquired for use in a business enterprise. The receipts are enclosed in parentheses (a) Money borrowed to pay building contractor signed a note) $(284,500 (b) Payment for construction from note proceeds 284.500 Id) Cost of land fill and clearing 10.920 (d) Delinquent real estate taxes on property assumed by purchaser 7.730 le! Premium on 6-month Insurance policy during construction 8.520 M Refund of 1-month insurance premium because construction completed early 11.420) Architect's fee on building 25.560 Cost of real estate purchased as a plant site (land $202.500 and building $59.700) 262.200 Commission fee paid to real estate agency 8.260 Installation of fences around property 3.780 Cost of razing and removing building 11.250 Proceeds from salvage of demolished building 65.360) Im Interest paid during construction on money borrowed for construction 13.900 In) Cost of parking lots and driveways 17.690 lo) Cost of trees and shrubbery planted permanent in naturel 13.230 Excavation costs for new building 2870 Bal els Identity each item by letter and list the items in columnar form, using the headings shown below. All receipt amounts should be reported in parentheses. For any amounts entered in the Other Accounts column, als indicate the account title. (Enter receipt amounts using either a negative sin preceding the numbers. 45 or parentheses es. (45). If no entry is required in other accounts, select "No Entry for the account titles.) Item Land Land Improvements $ Building $ $ la) b) id el Du ki m Im Inl) lol Tam Metis