Peete 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. Excavation costs for new building 2. Architect's fees on building plans 3. Full payment to building contractor 4. Cost of real estate purchased as a plant site. The property includes a building which will be demolished to prepare the propert: 5. Cost of parking lots and driveways 6. Acerued real estate taxes paid at time of purchase of land 7. Installation cost of fences around property 8. Cost of demolishing building to make land suitable for construction of new building 9. Real estate taxes paid for the current year on land Credit 10. Proceeds from salvage of demolished building Peete 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