Sarasota Landscaping began construction of a new plant on December $1,2022($all amounts in thousands$).$ On this date, the company

purchased a parcel of land for $141,780$ in cash. In addition, it paid $2,040$ in surveying costs and $4,080$ for a title insurance policy. An

old dwelling on the premises was demolished at a cost of $3,060,$ with $1,020$ being received from the sale of materials.

Architectural plans were also formalized on December $1,2022,$ when the architect was paid $30,600.$ The necessary building permits

costing $3,060$ were obtained from the city and paid for on December $1$ as well. The excavation work began during the first week in

December with payments made to the contractor in $2023$ as follows.

The building was completed on July $1,2023.$

To finance construction of this plant, Sarasota borrowed $612,000$ from the bank on December $1,2022.$ Sarasota had no other

borrowings. The $612,000$ was a $10-$year loan bearing interest at $8\%.$ Excess funds from the loan were invested during $2022$ and

earned $2,040.$ During $2023,$ the excess funds from the loan earned $1,020.$

Compute the balance in each of the following accounts at December $31,2022,$ and December $31,2023.($Round answers to $0$ decimal

places, e$.$g$.5,275.)$

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