Presented below is information related to Oriole Company. 1. On July 6, Oriole Company acquired the plant assets of Doonesbury Company, which had discontinued operations. The appraised value of the property is: Land $600,000 Buildings 1,800,000 Equipment 1,200,000 Total $3,600,000 Oriole Company gave 12,500 shares of its $100 par value common stock in exchange. The stock had a market price of $168 per share on the date of the purchase of the property. 2. Oriole Company expended the following amounts in cash between July 6 and December 15, the date when it first occupied the building. Repairs to building $262,500 Construction of bases for equipment to be installed later 337,500 Driveways and parking lots 305,000 Remodeling of office space in building, including new partitions and walls 402,500 Special assessment by city on land 45,000 3. On December 20, the company paid cash for equipment, $650,000, subject to a 2% cash discount, and freight on equipment of $26,250, Prepare entries on the books of Oriole Company for these transactions. (Do not round intermediate calculations and final answers to O decimal places e.g. 58,971. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) No. Account Titles and Explanation Debit Credit 2. 3