Selected accounts included in the property, plant, and equipment section of Crane Corporation's balance sheet at December 31.2024. had the following balances: During 2025, the following transactions occurred 1. A tract of land was acquired for $359,120 as a potential future building site. 2. A plant facility consisting of land and building was acquired from Futball Company exchange for 16,080 shares of Crane's common stock. On the acquisition date, Crane's stock had a closing market price of $43 per share on a national stock exchange. The plant facility was carried on Futball's books at $166,160 for land and $544,040 for the building at the exchange date. Current appraised values for the land and building, respectively, are $112,560 and $450,240. 3. Items of machinery and equipment were purchased at a total cost of $828,120. Additional costs were incurred as follows. 4. Expenditures totaling $80,400 were made for new parking lots, streets, and sidewalks at the plant facility acquired from Futball Company. These expenditures have an estimated useful life of 10 years. 5. A machine costing $80,400 on January 1,2021 , was scrapped on June 30, 2025. Straight-lime depreciation has been recorded on the basis of a 5 -year life and a salvage value of $6,700. 6. A machine was sold for $20,100 on July 1,2025 . Original cost of the machine was $134,000 on January 1,2022 , and it was depreciated using the double-declining balance method over an estimated useful life of 8 years and a zero salvage value. (a) Prepare a detailed analysis of the changes in each of the following balance sheet accounts for 2025: (Hint: Disregard the related accumulated depreciation accounts.) CRANE CORPORATION Analysis of Equipment Account 2025 $ $ $