Sunland Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order.

Expenditures
1.		Excavation costs for new building		$13,325
2.		Architects fees on building plans		42,570
3.		Full payment to building contractor		642,200
4.		Cost of real estate purchased as a plant site (land $301,700 and building $29,400)		331,100
5.		Cost of parking lots and driveways		34,470
6.		Accrued real estate taxes paid at time of purchase of real estate		3,560
7.		Installation cost of fences around property		6,980
8.		Cost of demolishing building to make land suitable for construction of new building		27,500
9.		Real estate taxes paid for the current year on land		6,380
				$1,108,085
Receipts
10.		Proceeds from salvage of demolished building		$ 12,100

Analyze the transactions using the following table column headings. Enter the amounts in the appropriate columns. For amounts in the Other Accounts column, also indicate the account title. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

						Other Accounts
Item		Land		Building		Amounts	Account Title
1		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount	select an account title License ExpenseProperty Tax ExpenseLand ImprovementsPrepaid Insurance
2		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title License ExpensePrepaid InsuranceProperty Tax ExpenseLand Improvements
3		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title Property Tax ExpenseLicense ExpenseLand ImprovementsPrepaid Insurance
4		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title License ExpenseLand ImprovementsPrepaid InsuranceProperty Tax Expense
5		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title License ExpenseLand ImprovementsNot ApplicableProperty Tax ExpensePrepaid Insurance
6		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title License ExpenseLand ImprovementsPrepaid InsuranceProperty Tax Expense
7		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title Property Tax ExpenseLicense ExpenseNot ApplicableLand ImprovementsPrepaid Insurance
8		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title License ExpenseLand ImprovementsPrepaid InsuranceProperty Tax Expense
9		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title Property Tax ExpenseLicense ExpenseLand ImprovementsPrepaid InsuranceNot Applicable
10		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title Prepaid InsuranceLand ImprovementsLicense ExpenseProperty Tax Expense
		$enter a total amount		$enter a total amount