The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December $31,2020$:

Transactions during $2021$ were as follows:

a$.$ On January $2,2021,$ equipment were purchased at a total invoice cost of $$255,000,$ which Included a $$5,400$ charge for freight.

Installation costs of $$26,000$ were incurred.

b$.$ On March $31,2021,$ a small storage bullding was donated to the company. The person donating the building originally purchased it

three years ago for $$24,000.$ The falr value of the bullding on the day of the donation was $$16,400.$

c$.$ On May $1,2021,$ expenditures of $$49,000$ were made to repave parking lots at Pell's plant location. The work was necessitated by

damage caused by severe winter weather. The repalr doesn't provide future benefits beyond those originally anticipated.

d$.$ On November $1,2021,$ Pell acquired a tract of land with an existing bullding in exchange for $10,000$ shares of Pell's common stock

that had a market price of $$37$ per share. Pell paid legal fees and title insurance totaling $$22,500.$ Shortly after acquisition, the

bullding was razed at a cost of $$34,000$ in anticipation of new bullding construction in $2022.$

e$.$ On December $31,2021,$ Pell purchased a small storage bullding by giving $$15,000$ cash and an old automoblle purchased for

$$17,500$ in $2014.$ Depreciation on the old automobile recorded through December $31,2021,$ totaled $$13,125.$ The fair value of the old

automobile was $$3,700.$

Required:

For each asset classification, prepare a schedule showing depreclation for the year ended December $31,2021,$ using the following

depreclation methods and useful IIves:

Land Improvements$-$Straight IIne; $15$ years.

Bullding$-150\%$ declining balance; $20$ years.

Equipment$-$Straight line; $10$ years.

Automobiles$-$Units$-$of$-$production; $$0\mathrm{.}50$ per mile

Depreclation is computed to the nearest month and no residual values are used. Automobiles were driven $37,500$ miles in $2021.($Do

not round Intermedlate calculations and round your final answers to $2$ decimal places.$)$