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Below are traction related to Marin Coman The City of Pebble Beach gives the company 5xcres of land as a plant site. The tair value of this restento te 573,360 13.000 rs of common stock with a par value of 551 per share are issued in exungeford and buildings. The proper has been appraised tavalie of 733 600 at which $162.70 has been allocated to land and 3571430 tobulines. The stock of Marin Company is not listed on any exchange. buta block of 100 shares wat volt a teholder 12 months 566 per and a block of 200 shares was sold by other stockholder 18 months per share No entry has been made to remove trom the accounts for Materials, Director and Overhead the amounts per chargeable to plants accounts for machinery Constructed during the year. The following information is eventive to costs of the machinery constructed c) $11.480 16.740 Materials used Factory suis une Director incurred Additional overhead lover repared by construction of machinery excluding factory suplessed Flued overhead rate applied to regular manufacturing ceration Cost oftar machinery it had been purchaud from Butside suppliers 2.271 Son of direct labor com 46020 Prepare your tries on the books of Main Company to record these transactions Credit account title outomatically indeed de coco Preberejournants on the book of Marin Company to record these transactions Credit account titles are automatically in whe amount is entered Do not indent morty i no entry is require select "entry for the account and enter for the mounts No. Account Titles and Explanation Debit Credit (C)