The following expenditures and receipts are related to land, land improvements, and buildings thut were acquired for use in a tasiress enterprise. The receipts arein parentheses. 1. Money borrowed to pay a buildine contractor (signed a notel, ($274,930) 2. A payment for building construction from note proceeds, 3274,930 3. The cost of tandill and clearing, 58,000 4. Delinquent real estate taxes on property, assamed by the purchuser, $6,960 5. A premium on a six-month insurance policy during congtruction, 55,900 6. Refund of one month's insurance premium becouse construction was completed early, (\$620). 7. An architect's fee on a building, $21.950 8. The cost of real estate purchased as a plant site (land 5200000 , building $50,000),$250,000 9. A fee paid to a real estate agency for finding the property. $8.550 relating to the land purchase fsoe 8 ) 10. The installation of fences around a property. $3.610 10. The installation of fences around a property, $3,610 11. The cost of demolishing and removing the building on the plant site (see item 8 ), $10,550 12. Proceeds from the salvage of the demolished building, ($4,640) 13. Interest paid during construction on money borrowed for construction, $12.710 14. The cost of parking lots and driveways, $18,880 15. The cost of trees that were planted (non-permanent in nature, to be replaced every 20 years), $13,650 16. Excavation costs for new building, $2,850 17. The recoverable GST on the excavation cost, $230 Identify each item by number and list the items in columnar form, as shown below. Using the column headings that follow, e Question 2 of 5 0.56/111 \begin{tabular}{|c|c|c|} \hline & 1 & 1 \\ \hline & 1 & 1 \\ \hline & & \\ \hline & & 1 \\ \hline & & 1 \\ \hline \end{tabular} eTextbookand Media List of Accounts Saive for Later Attempts: 1 of 3 used Silomit Arrower