Selected accounts included in the property, plant, and equipment section of Wildhorse Corporations balance sheet at December 31, 2016, had the following balances. Land $426,000 Land improvements 198,800 Buildings 1,562,000 Equipment 1,363,200 During 2017, the following transactions occurred. 1. A tract of land was acquired for $213,000 as a potential future building site. 2. A plant facility consisting of land and building was acquired from Mendota Company in exchange for 28,400 shares of Wildhorses common stock. On the acquisition date, Wildhorses stock had a closing market price of $37 per share on a national stock exchange. The plant facility was carried on Mendotas books at $156,200 for land and $454,400 for the building at the exchange date. Current appraised values for the land and building, respectively, are $326,600 and $979,800. 3. Items of machinery and equipment were purchased at a total cost of $568,000. Additional costs were incurred as follows. Freight and unloading $18,460 Sales taxes 28,400 Installation 36,920 4. Expenditures totaling $134,900 were made for new parking lots, streets, and sidewalks at the corporations various plant locations. These expenditures had an estimated useful life of 15 years. 5. A machine costing $113,600 on January 1, 2009, was scrapped on June 30, 2017. Double-declining-balance depreciation has been recorded on the basis of a 10-year life. 6. A machine was sold for $28,400 on July 1, 2017. Original cost of the machine was $62,480 on January 1, 2014, and it was depreciated on the straight-line basis over an estimated useful life of 7 years and a salvage value of $2,840. (a) Calculate the balance at December 31, 2017 in each of the following balance sheet accounts. (Hint: Disregard the related accumulated depreciation accounts.) Balance at December 31, 2017 Land $ Land Improvements $ Buildings $ Equipment $