Skysong, Inc. was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order. Debit 1. Cost of filling and grading the land $ 3,500 691,000 Full payment to building contractor Real estate taxes on land paid for the current year 5,500 Cost of real estate purchased as a plant site (land $118,000 and building $50,000) 168,000 Excavation costs for new building 37,000 Architect's fees on building plans 10,500 Accrued real estate taxes paid at time of purchase of real estate 2,500 No Cost of parking lots and driveways 15.000 Cost of demolishing building to make land suitable for construction of new building 24,000 $957,000 Credit 10. Proceeds from salvage of demolished building $ 3,000 Analyze the foregoing transactions using the following column headings. Insert the amounts in the appropriate columns. For amounts entered in the Other Accounts column, also indicate the account titles. (If an amount reduces the account balance then enter with a negative sign preceding the number, e.g.-15,000 or parenthesis, e.g. (15,000).) Item Land Buildings Other Accounts GA