On January 1, 2024, the Blackstone Corporation purchased a tract of land (site number 11 ) with a building for $720,000. Additionally. Biackstone paid a real estate broker's commission of $48,000, legal fees of $7,000, and title insurance of $24,000. The closing statement indicated that the land value was $560.000 and the building value was $160.000. Shortly after acquisition, the buitding was razed at a cost of $87.000. Blackstone entered into a $4,200,000 fixed-price contract with Barnett Bulders. Incorporated, on March 1, 2024, for the construction of an office building on land site 11. The bulding was completed and occupied on September 30,2025 . Additional construction costs were incurred as follows To finance the construction cost, Blackstone borrowed $4,200,000 on March 1,2024 . The loan is payable in 10 annual installments of $420,000 plus interest at the rate of 12%. Blackstone's average amounts of accumulated expenditures were as follows: For the period March 1 to Deceeber 31, 2024 For the period January 1 to Septenber 30,2025 $1,020,000 2,900,000 Required: 1. Prepare o schedule that discloses the individual costs making up the balance in the land account in respect of land site 11 as of September 30,2025 2. Prepare a schedule that discloses the individual costs that should be capitalized in the office building account as of Soptember 30 . 2025 Complete this question by entering your answers in the tabs below. Prepare a schedule that discloses the individual costs making up the bolance in the land account in respect of land site 11 as of September 30, 2025