F10.5 (LO.1, 2) (Treatment of Various Costs) Allegro Supply ple, a newly formed company, incurred the following expenditures related to Land, Buildings, and Equipment. Abstract company's fee for title search 520 Architect's fees Cash paid for land and dilapidated building thereon Removal of old building Less: Residual value Interest on short-term loans during construction 3,170 92,000 20,000 5,500 14,500 7,400 Excavation before construction for basement Equipment purchased (subject to 2% cash discount, which was not taken) 19,000 65,000 Freight on equipment purchased 1,340 Storage charges on equipment, necessitated by non-completion of building when equipment was delivered 2,180 New building constructed (building construction took 6 months from date of purchase of land and old building) 485,000 Assessment by city for drainage project 1,600 Hauling charges for delivery of equipment from storage to new building 620 Installation of equipment 2,000 Trees, shrubs, and other landscaping after completion of building (permanent in nature) Instructions 5,400 Determine the amounts that should be debited to Land, Buildings, and Equipment. Indicate how any costs not debited to these accounts should be recorded