The Thompson Corporation, a manufacturer of steel products, began operations on October 1, 2014. The accounting department of Thompson has started the fixed-asset and depreciation schedule presented below. You have been asked to assist in completing this schedule. In addition to ascertaining that the data already on the schedule are correct, you have obtained the following information from the company's records and personnel (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.):

Award: 0.50 out of 1.00 point The Thompson Corporation, a manufacturer of steel products, began operations on October 1, 2014. The below. You have been asked to assist in completing this schedule. In addition to ascertaining that the data already on the schedule are correct, you have obtained the following information from the company's records and personnel (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) accounting department of Thompson has started the fixed-asset and depreciation schedule presented ccountng depabeen asked to assist in comp obtained the following infommao$1 and PVAD of $1) (Use a. Depreciation is computed from the first of the month of acquisition to the first of the month of disposition b. Land A and Building A were acquired from a predecessor corporation. Thompson paid $842,500 for the land and building together. At the time of acquisition, the land had a fair value of $74,400 and the building had a fair value of $855,600. c. Land B was acquired on October 2, 2014, in exchange for 3,300 newly issued shares of Thompson's common stock. At the date of acquisition, the stock had a par value of $5 per share and a fair value of $28 per share. Dring October 2014, Thompson paid $10,700 to demolish an existing building on this land so it could construct a new building d. Construction of Building B on the newly acquired land began on October 1, 2015. By September 30, 2016, Thompson had paid $240,000 of the estimated total construction costs of $330,000. Estimated completion and occupancy are July 2017 e. Certain equipment was donated to the corporation by the city. An independent appraisal of the equipment when donated placed the fair value at $17,200 and the residual value at $2,300. Machine A's total cost of $110,000 includes installation charges of $580 and normal repairs and maintenance of $9,600. Residual value is estimated at $5,900. Machine A was sold on February 1, 2016. f. g. On October 1, 2015, Machine B was acquired with a down payment of $4,300 and the remaining payments to be made in 10 annual installments of $4,300 each beginning October 1, 2016. The prevailing interest rate was 8%. Required: Supply the correct amount for each answer box on the schedule THOMPSON CORPORATION Fixed Asset and Depreciation Schedule For Fiscal Years Ended September 30, 2015, and September 30, 2016 Acquisition Date Depreciation Method Estimated Life in Years Depreciation for Year Ended 9/30 Assets Cost Residual 2015 2016 67,400 10/1/14 10/1/14 10/2/14 Under construction 10/2/14 10/2/14 10/1/15 N/A Land A Building A Land B Building B Donated Equipment Machine A Machine B N/A SL N/A SL 150% Declining balance Sum-of-the years-digits SL N/A 775, 100 $ 60.100 N/A N/A N/A 50$ 14.300 $ 746.500 N/A 103, 100 240000 to date N/A NIA 240,000X 1,900X 13,065X 5,155X 78,064X 28,733X 30 17.200 100.400 33,153 2.300 5.900 15