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Selected accounts included in the property, plant, and equipment section of Wildhorse Corporation s balance sheet at December 3 1 , 2 0 2 4

Selected accounts included in the property, plant, and equipment section of Wildhorse Corporations balance sheet at December 31,2024, had the following balances.
Land $408,000
Land improvements 190,400
Buildings 1,496,000
Equipment 1,305,600
During 2025, the following transactions occurred.
1. A tract of land was acquired for $204,000 as a potential future building site.
2. A plant facility consisting of land and building was acquired from Mendota Company in exchange for 27,200 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 $149,600 for land and $435,200 for the building at the exchange date. Current appraised values for the land and building, respectively, are $312,800 and $938,400.
3. Items of machinery and equipment were purchased at a total cost of $544,000. Additional costs were incurred as follows.
Freight and unloading $17,680
Sales taxes 27,200
Installation 35,360
4. Expenditures totaling $129,200 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 $108,800 on January 1,2017, was scrapped on June 30,2025. Double-declining-balance depreciation has been recorded on the basis of a 10-year life.
6. A machine was sold for $27,200 on July 1,2025. Original cost of the machine was $59,840 on January 1,2022, and it was depreciated on the straight-line basis over an estimated useful life of 7 years and a salvage value of $2,720.
(a) Calculate the balance at December 31,2025 in each of the following balance sheet accounts. (Hint: Disregard the related accumulated depreciation accounts.)
Balance at December 31,2025
Land
$enter a dollar amount
Land improvements
$enter a dollar amount
Buildings
$enter a dollar amount
Equipment
$enter a dollar amount

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