Determining Ending Balances in Land and Building Accounts Maldive Company completes the construction of a building. The following separate items are the costs relevant to the purchase of the lot and construction of the building Cash payments to contractor $50,000 Sales tax on construction materials used in addition to contractor payments 1.500 Cost of land (building uite) 25.000 Gross cout to save old building on land 10.000 Proceeds from old building salvage 2.500 veility charges for electricity used in construction 1,000 Capitalized interest on construction 1500 Determine the ending balance for the Land account and for the Building account Ending balante in the Land account 36,500 Ending balance in the Building accounts 15,000 X 5 Check