otherwise stated. Jan. 12 Purchased real estate for a future plant site for $415,000, paying $95,000 cash and signing a note payable for the balance. On the site, there was an old building. The fair values of the land and building were $405,000 and $45,000, respectively. The old building will be demolished and a new one built. 16 Paid $8,500 for legal fees on the real estate purchase. 31 Paid $57,500 to demolish the old building to make room for the new plant. Feb. 13 Received $9,500 for residual materials from the demolished building. 28 Graded and filled the land in preparation for the construction for $8,500. Mar. 14 Paid $37,750 in architect fees for the building plans. 31 Paid the local municipality $15,500 for building permits. Apr. 22 Paid excavation costs for the new building of $17,500. Sept. 26 The construction of the building was completed. The full cost was $735,000. Paid $140,000 cash and signed a mortgage payable for the balance. Sept. 30 Purchased a one-year insurance policy for the building, $4,500. Oct. 20 Paved the parking lots, driveways, and sidewalks for $48,000. Nov. 15 Installed a fence for $11,500. otherwise stated. Jan. 12 Purchased real estate for a future plant site for $415,000, paying $95,000 cash and signing a note payable for the balance. On the site, there was an old building. The fair values of the land and building were $405,000 and $45,000, respectively. The old building will be demolished and a new one built. 16 Paid $8,500 for legal fees on the real estate purchase. 31 Paid $57,500 to demolish the old building to make room for the new plant. Feb. 13 Received $9,500 for residual materials from the demolished building. 28 Graded and filled the land in preparation for the construction for $8,500. Mar. 14 Paid $37,750 in architect fees for the building plans. 31 Paid the local municipality $15,500 for building permits. Apr. 22 Paid excavation costs for the new building of $17,500. Sept. 26 The construction of the building was completed. The full cost was $735,000. Paid $140,000 cash and signed a mortgage payable for the balance. Sept. 30 Purchased a one-year insurance policy for the building, $4,500. Oct. 20 Paved the parking lots, driveways, and sidewalks for $48,000. Nov. 15 Installed a fence for $11,500