E9.1 (LO 1), C Writing The following expenditures relating to plant assets were made by Glenn Company during the first 2 months of 2022. Paid $7,000 of accrued taxes at the time the plant site was acquired. Paid $200 insurance to cover a possible accident loss on new factory machinery while the machinery was in transit. Paid $850 sales taxes on a new delivery truck. Paid $21,000 for parking lots and driveways on the new plant site. Paid $250 to have the company name and slogan painted on the new delivery truck. Paid $8,000 for installation of new factory machinery. Paid $900 for a 2 -year accident insurance policy on the new delivery truck. Paid $75 motor vehicle license fee