Ivanhoe Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receip were recorded in random order. Debit 1 $ 28,000 2 38,000 3 645,000 4 285,000 5 Excavation costs for new building Architect's fees on building plans Full payment to building contractor Cost of real estate purchased as a plant site (tand $ 260,000 and building $ 25,000) Cost of parking lots and driveways Accrued real estate taxes paid at time of purchase of land Installation cost of tences around property Cont of demolishing building to make land suitable for construction of new building Real estate taxes paid for the current year on land 34,000 6 3,670 7. 7,300 8 36,000 9 6,900 $1,083,870 Credit $ 12,500 10 Proceeds from salvage of demolished building Analyze the transactions using the following table column headings. Enter the amounts in the appropriate columns. For amounts in the Other Accounts column, also indicate the account title. (If an amount falls into either the Land or Buildings column, enter "Not Applicable in the account title column. Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses es. (451) Other Accounts Item Land Building Amounts Account Title 1 2 | 3