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Prepare the plant assets section of Pronghorn's balance sheet at December 31, 2021. (List Plant Assets in order of Land, Buildings and Equipment.) Pronghorn Company

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Prepare the plant assets section of Pronghorn's balance sheet at December 31, 2021. (List Plant Assets in order of Land, Buildings and Equipment.) Pronghorn Company Balance Sheet (Partial) > $ At December 31, 2020, Pronghorn Company reported the following as plant assets. Land $ 4,320,000 Buildings $29,800,000 Less: Accumulated depreciation-buildings 10,570,000 19,230,000 Equipment 47,520,000 Less: Accumulated depreciation equipment 4,910,000 42,610,000 Total plant assets $66,160,000 During 2021, the following selected cash transactions occurred. April 1 Purchased land for $2,000,000 May 1 Sold equipment that cost $840,000 when purchased on January 1, 2017. The equipment was sold for $504,000. June 1 Sold land purchased on June 1, 2011 for $1,430,000. The land cost $393,000. July 1 Purchased equipment for $2,440,000. Dec. 31 Retired equipment that cost $480,000 when purchased on December 31, 2011. The company received no proceeds related to salvage

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