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Paperclip Office Supplies needed a new office building. They made the following expenditures for the project: Freight on machinery purchased Legal fees for title search

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Paperclip Office Supplies needed a new office building. They made the following expenditures for the project:
Freight on machinery purchased
Legal fees for title search
Machinery purchased
Excavation for construction of basement
Removal of old building
Construction costs of new building
Survey to site the new building
Installation of machinery
Architect's fees
Clearing of land for parking lot
Hauling charges to move equipment from storage
Storage charges for machinery because new building was not ready
Cash paid for land and original building
\table[[$,1,406],[$,924],[$,74,620],[$,1,074],[$,15,653],[$,595,345],[$,6,983],[$,8,383],[$,7,125],[$,6,457],[$,476],[$,580],[$,114,985]]
REQUIRED:
Prepare a schedule showing the amounts to be recorded as Land, Building, Machinery & Equipment, and Expenses. (12 marks).
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