Question 4 of 4 13.33/40 III View Policies Show Attempt History Current Attempt in Progress At December 31, 2019, Sarasota Enterprises reported the following as plant assets. 3,980,000 28,210,000 13,200,000 15.010,000 Land Buildings Less: Accumulated depreciation buildings Equipment Less: Accumulated depreciation equipment Total plant assets 48.670,000 4.980,000 43,690,000 62,680,000 During 2020, the following selected cash transactions occurred. 444 8! Total plant assets 62,680,000 During 2020, the following selected cash transactions occurred. April Purchased land for 2,200,000 May Sold equipment that cost 840,000 when purchased on January 1, 2016. The equipment was sold for 21.920. 1 June 1 Sold land purchased on June 1, 2010 for 1.450,000. The land cost 399,000 July 1 Purchased equipment for 2480,000 Dec 31 Retired equipment that cost 491,000 when purchased on December 31, 2010. No residual value was received Question 4 of 4