P10.1A (LO 1) Venable Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order. $ 4,000 690,000 5,000 Debit 1. Cost of filling and grading the land 2. Full payment to building contractor 3. Real estate taxes on land paid for the current year 4. Cost of real estate purchased as a plant site (land $100,000 and building S45,000) 5. Excavation costs for new building 6. Architect's fees on building plans 7. Accrued real estate taxes paid at time of purchase of real estate 8. Cost of parking lots and driveways 9. Cost of demolishing building to make land suitable for construction of new building 145.000 35.000 10,000 2,000 14,000 25,000 $930,000 P10.1A (LO 1) Venable Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order. $ 4,000 690,000 5,000 Debit 1. Cost of filling and grading the land 2. Full payment to building contractor 3. Real estate taxes on land paid for the current year 4. Cost of real estate purchased as a plant site (land $100,000 and building S45,000) 5. Excavation costs for new building 6. Architect's fees on building plans 7. Accrued real estate taxes paid at time of purchase of real estate 8. Cost of parking lots and driveways 9. Cost of demolishing building to make land suitable for construction of new building 145.000 35.000 10,000 2,000 14,000 25,000 $930,000