Flint Corporation prepares financial statements in accordance with IFRS. Selected accounts included in the property, plant, and equipment section of the company's statement of financial position at December 31, 2019. had the following balances: Land $300.290 Land Improvements 140,400 Buildings 1,100,090 Equipment 960,360 During 2020, the following transactions occurred: 1. A tract of land was acquired for $150,370 as a potential future building site. 2. A plant facility consisting of land and a building was acquired from Knorman Corp. for use in production in exchange for 19,540 of Flint's common shares. The most recent sale of Flint's common shares took place one month earlier, when 3,500 of Flint's common shares sold for $59 per share. The plant facility was carried on Knorman's books at $110,470 for land and $320,370 for the building at the exchange date. At the exchange date, a reliable, independent valuator determined the fair value of the land and building to be $230,120 and $690,450 respectively. 3. Equipment was purchased for a total cost of $410,000. Additional costs incurred were as follows: Freight and unloading $12,680 Provincial sales taxes 28,700 GST (recoverable) Installation 20,500 25,880 4. 5. 6. Expenditures totalling $94,630 were made for new parking lots, streets, and sidewalks at the corporation's various plant locations. These expenditures had an estimated useful life of 17 years. A piece of equipment that cost $79,800 on January 1, 2012, was scrapped on June 30, 2020. Double-declining-balance depreciation had been recorded based on a 10-year life. A piece of equipment was sold for $19,990 on July 1, 2020. Its original cost was $44,300 on January 1, 2017, and it was depreciated on the straight-line basis over an estimated useful life of 7 years, assuming a residual value of $1,530. (a) Calculate the balance at December 31, 2020 in each of the following accounts: Land, Land Improvements, Buildings, and Equipment. (Hint: Ignore the related accumulated depreciation accounts.) Land $ Land Improvements $ Buildings Equipment