On January 2, 2021, Hill Company purchased and that cost $660,000, a building on the land that cost $950,000, and equipment that cost $38,000. The building has an estimated useful life of 25 years. The equipment has an estimated useful life of 8 years. Required: Prepare the property, plant and equipment section of the balance sheet as of December 31, 2021. Note: Use straight-line depreciation with no salvage value Hill Company Balance Sheet (artial December 31 Property, plant and Equipment Chinel Acumulated Depreciation, Buildings Accumulated Depreciation, Iquipment Account Rechable Cain emer X C. 2 fugelis