Exercise 10-1 business enterprise. The receipts are enclosed in parentheses The expenditures and receipts below are related to land, land improvements, and buildings acquired for use in $(284,500) (a) Money borrowed to pay building contractor (signed a note) (b) 284,500 Payment for construction from note proceeds Cost of land fill and clearing 10,920 (c) 7,730 (d) Delinquent real estate taxes on property asssumed by purchaser 8,520 (e) Premium on 6-month insurance policy during construction (f) Refund of 1-month insurance premium because construction completed early (1,420) Architect's fee on building 25,560 (g) (h) 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 (i) 8,260 Installation of fences around property (j) 3,780 11,250 (k) Cost of razing and removing building (5,360) (I) Proceeds from salvage of demolished building (m) Interest paid during construction on money borrowed for construction 13,900 Cost of parking lots and driveways (n) 17,690 13,230 (o) Cost of trees and shrubbery planted (permanent in nature) 2,870 (p) Excavation costs for new building Identify each item by letter and list the items in columnar form, using the headings shown below. All receipt amounts should be reported in parentheses. (Enter receipt amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Other Non-Property, Plant, and Equipment Land Land Improvements Building Item (a) $ () (c) (d) (e) (f) (g) (h) (i) (j) (k) (I) (m) (n) (o) (p) Click if vou would like to Show Work for this auestion: Qpen Show Work