Plant and Equipment Your analysis of Hon Corporation's fixed asset accounts at year end reveals the following information: 1. Moen own two tracts of land. The first, which cost $18,000, is being held as a future building site. It has a current market value of $20,000. The second, which cost $21,000, was purchased 10 years ago. The current office and factory buildings are on this site. The land has a current market value of $56.000 2. Moen own two buildings. The office building and the factory building were both built 10 years ago at a cost of $50,000 and $120,000, respectively. At that time, each was expected to have a life of 30 years and a residual value of 10% of original cost. They are being deprecated on a straight line basis 3. Moen owns factory machinery with a total cost of $50,000 and accumulated depreciation of 135.200, Induded in factory machinery is one machine that cost $7,000 and has accumulated depreciation of $4,200. This machine is being held for resale and is not being used in operations 4. Moen owns office equipment that cost $14,500 and has a book value of $6.300 tons office furniture that coul d has a book value of $11.400. Required: Prepare the property, plant, and equipment section of Moen's year end balance sheet. MOEN CORPORATION Property, Plant, and Equipment Section of Balance Sheet December 31, Current Year Cost Accumulated Value