The following expenditures and receipts are related to land, land improvements, and buildings that were acquired for use in a business enterprise. The receipts are in parentheses.

Money borrowed to pay a building contractor $($signed a note$),)$

A payment for building construction from note proceeds, $$274,960$

The cost of landfill and clearing, $$7,650$

Delinquent real estate taxes on property, assumed by the purchaser, $$6,980$

A premium on a six$-$month insurance policy during construction. $$5\mathrm{.}550$

Refund of one month's insurance premium because construction was completed early, $($$$880)$

An srchitect's fee on a bulding. $$21,910$

The cost of real estate purchased as a plant site $($land $$199,900,$ building $$49,975),$ $$249\mathrm{.}875$

A$.$ fee paid to a real estate agency for finding the property, $$8,980$ relating to the land purchase $(5$ee $8)$

The installation of fences around a property. $$3,940$

The cost of demolishing and removing the building on the plant site $($see item $8),$ $$10,910$

Proceeds from the salvage of the demelished bulding, $($$$4,670)$

Interest paid during construction on money borrowed for construction, $$12,560$

The cost of parking lots and driveways, $$18,730$

The cost of trees that were planted $($non$-$permanent in nature, to be replaced every $20$ years$),313,700$

Excavation costs for new bulilding. $$2,900$

The recoverable GST on the excavation cost, $$330$

Identify each item by number and list the items in columnar form, as shown below. Using the column headings that follow, enter the amount under the column heading where it would be recorded. For any amounts that should be entered in the Other Accounts column. also indicate the account title. $($Show the recelpts in using either a nega tive sign preceding the number $8\mathrm{.}3\mathrm{.}15,000$ or parentheses e$.$g$.(15,000).$ If there is no entry in other accounts, select $"$No Entry" for the account titles.$)$

Land

Land

Improvements

Building

Other account

Item