P9-18 Russo Company was organized on January 1, During the first year of operations, the following plant asset expenditures and receipts were recorded in random order Debit 1. 2. 3. 4. 5. Accrued real estate taxes paid at time of purchase of real estate Real estate taxes on land paid for the current year Full payment to building contractor Excavation costs for new building Cost of real estate purchased as a plant site (land $75,000 and building $25,000) $ 5,000 7,500 490,000 19,000 100,000 6. Cost of parking lots and driveways 7. Architect's fees on building plans 8. Installation cost of fences around property 9. Cost of demolishing building to make land suitable for construction of 9,000 6,000 new building 27.000 10. Proceeds from salvage of demolished building Instructions 3.500 Analyze the foregoing transactions using the following column headings. Insert the number of each transaction in the Item column, and then insert the amounts in the other