Presented below is information related to Splish Company 1. On July 6, Splish Company acquired the plant assets of Doonesbury Company, which had discontinued operations. The appraised value of the property is: Land Buildings Equipment Total $400,000 1,200,000 800,000 $2,400,000 Splish Company gave 12,200 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. Splish Company expended the following amounts in cash between July 6 and December 15, the date when it first occupied the building. (Prepare consolidated entry for all transactions below.) Repairs to building Construction of bases for equipment to be installed later Driveways and parking lots Remodeling of office space in building, including new partitions and walls Special assessment by city on land $241,500 310,500 280.600 370,300 41.400 3. On December 20, the company paid cash for equipment $598,000, subject to a 2% cash discount, and freight on equipment of $24.150. Prepare entries on the books of Splish Company for these transactions, (Round Intermediate calculations to 5 decimal places. 75174 and finel answer to decimal places eg. 58,971. Credit account titles are automatically indented when Debit Credit No. Account Titles and Explanation 1. 2. 3