UI UIU. l ullls ll l Other Accounts column, also indicate the account titles. Item 1 Buildings Other Accounts 2 P9-2B At December 31, 2013, Tong Corporation reported these plant assets. Journ transa 5 00.00 Land Buildings Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation--equipment Total plant assets $28,800,000 11,520,000 48,000,000 retire 17,280,000 depr 5,000,000-43,000,000 43,000,000 (LO During 2014, the following selected cash transactions occurred. April 1 Purchased land for $2.600.000 May 1 Sold equipment that cost $750,000 when purchased on January 1, 2009. The equipment was sold for $367,000. Sold land purchased on June 1, 2002, for $2,000,000. The land cost $800,000. Purchased equipment for $840,000. Retired equipment that cost $470,000 when purchased on December 31, 2004. No salvage value was received. June 1 Sept. 1 Dec. 31