Selected accounts included in the property, plant, and equipment section of Whispering Corporation's balance sheet at December 31, 2016, had the following balances. Land Land improvements 170,800 Buildings Equipment $ 366,000 1,342,000 1,171,200 During 2017, the following transactions occurred. 1. 2. Atract of land was acquired for $183,000 as a potential future building site. A plant facility consisting of land and building was acquired from Mendota Company in exchangefor 24,400 shares of Whispering's common stock. On the acquisition date, Whispering's stock had a closing market price of $ 37 per share on a national stock exchange. The plant facility was carried on Mendota's books a respectively, are $ 280,600 and $ 841,800. 134,200 for land and $ 390,400 for the building at the exchange date. Current appraised values for the land and building, 3. Items of machinery and equipment were purchased at a total cost of $488,000. Additional costs were incurred as follows Freight and unloading Sales taxes Installation $15,860 24,400 31,720 4. Expenditures totaling $115,900 were made for new parking lots, streets, and sidewalks at the corporation's various plant locations. These expenditures had an estimated useful life of 15 years. 5. A machine costing$ 97,600 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 $24,400 on July 1, 2017. Original cost of the machine was $ 53,680 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$ 2,440 (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