ed to Instructie Prepare the 510-7 warehou building how it should be reported. newly formed corporation, incurred the ST0-(L01,3) (Treatment of Various Costs) Ben Sisko Supply Company Equipment mg expenditures related to Land, to Buildings, and to Machinery and $ 520 Abstract company's fee for title search 3,170 Architect's fees 87,000 Cash paid for land and dilapidated building thereon $20,000 Removal of old building 5,500 14,500 Less Salvage 7.400 Interest on short-term loans during construction 19,000 Excavation before construction for basement 55,000 Machinery purchased (subject to 2% cash discount, which was not taken 1,340 Freight on machinery purchased Storage charges on machinery, necessitated by noncompletion of 2,180 building when machinery was delivered New building constructed (building construction took 6 months from 485,000 date of purchase of land and old building) 1.000 Assessment by city for drainage project 620 Hauling charges for delivery of machinery from storage to new building Installation of machinery 2,000 Trees, shrubs, and other landscaping after completion of building (permanent in nature) 5.400 Inst Instructions Determine the amounts that should be debited to Land, to Buildings, and to Machinery and Equipment capitalizing interest during construction exceed the cost of implementation. Indicate how any costs or co should be recorded. m