Have figured out most of the problem, just confused on how to find the answer for the red boxes!

*Problem 9-4A At January 1, 2017, Blossom Company reported the following property, plant, and equipment accounts: Accumulated depreciation-buildings $60,950,000 Accumulated depreciation-equipment 52,850,000 Buildings Equipment Land 97,300,000 150,200,000 24,000,000 The company uses straight-line depreciation for buildings and equipment, its year-end is December 31, and it makes adjusting entries annually. The buildings are estimated to have a 40-year useful life and no salage value; the equipment is estimated to have a 10-year useful life and no salvage value During 2017, the following selected transactions occurred Apr 1 Purchased land for $5.00 million. Paid $1.250 million cash and issued a 3-year, 6% note payable for the balance. Interest on the note is payable annually each April 1 May 1 Sold equipment for $240,000 cash. The equipment cost $3.72 million when originally purchased on January 1, 2009 June 1 Sold land for $4.38 million. Received $750,000 million cash and accepted a 3-year, 5% note for the balance. The land cost $1.30 million when purchased on June 1, 2011, Interest on the note is due annually each June 1 July 1Purchased equipment for $2.30 million cash. Dec. 31 Retired equipment that cost $1 million when purchased on December 31, 2007. No proceeds were received. *Problem 9-4A At January 1, 2017, Blossom Company reported the following property, plant, and equipment accounts: Accumulated depreciation-buildings $60,950,000 Accumulated depreciation-equipment 52,850,000 Buildings Equipment Land 97,300,000 150,200,000 24,000,000 The company uses straight-line depreciation for buildings and equipment, its year-end is December 31, and it makes adjusting entries annually. The buildings are estimated to have a 40-year useful life and no salage value; the equipment is estimated to have a 10-year useful life and no salvage value During 2017, the following selected transactions occurred Apr 1 Purchased land for $5.00 million. Paid $1.250 million cash and issued a 3-year, 6% note payable for the balance. Interest on the note is payable annually each April 1 May 1 Sold equipment for $240,000 cash. The equipment cost $3.72 million when originally purchased on January 1, 2009 June 1 Sold land for $4.38 million. Received $750,000 million cash and accepted a 3-year, 5% note for the balance. The land cost $1.30 million when purchased on June 1, 2011, Interest on the note is due annually each June 1 July 1Purchased equipment for $2.30 million cash. Dec. 31 Retired equipment that cost $1 million when purchased on December 31, 2007. No proceeds were received