The following expenditures and receipts are related to land, land improvements, and buildings acquired for use in a business enterprise. The receipts are enclosed in parentheses (a) Money borrowed to pay building contractor (signed a notel $(285,400) by Payment for construction from note proceeds 285,400 Cost of land ill and clearing 11.790 Delinquent real estate taxes on property assumed by purchaser 7,300 Premium on 6-month insurance policy during construction 8.580 Refund of 1 month insurance premium because construction completed early (1.430) Architect's fee on building 26,200 Cost of real estate purchased as a plant site (land $209,100 and building $52,900) 262.000 Commission fee paid to real estate agency 8,970 0 Installation of fences around property 3.770 Cost of razing and removing building 11.710 Proceeds from salvage of demolished building (4.550) Im Interest paid during construction on money borrowed for construction 13.150 Cost of parking lots and driveways 20,050 Cost of trees and shrubbery planted (permanent in nature) 14440 pl Excavation costs for new building 2,700 Identify each item by letter and list the items in columnar form, using the headings shown below. All receipt amounts should be reported in parentheses. For any amounts entered in the Other Accounts column, also indicate the account title. (Enter receipt amounts using either a negative in preceding the numbers. -45 or parentheses (45). If no entry is required in other accounts, select "No Entry" for the account titles. Land Improvements Item Land Building Other Accounts 3 3 2 E 3 a e Textbook and Media List of Accounts Attempts: 0 of Sused Save for later Submit A