Vaughn Supply Company, a newly formed corporation, incurred the following expenditures related to Land, to Buildings, and to Machinery and Equipment. Uetermine the amounts that should be oebited to Land, to Buildings, and to Machinery and Equipment. Asrume the benefits of capitalizing interest during comtruction exceed the cost of implementation Indicate how any costs not debited to these aceounts should be recorded. (Piease leave spaces biank if there is no answer, Do nat enter zeros in thase spaces.) should be recorded. (Please leave spaces blank if there is no answer. Do not enter zeros in those spaces.) Land Buildings: Machinery and Equipment Abstract fees Architect's fees Cash paid for land and old bullding Removal of old building Interest on loans during construction Exeavation betore construction Machinery purcharsed Freight on machinery Storage chariges Macninery purchased Freight on machinery Storage charges caused by noncompletion of building New building Assessinent by city Hauling charges. machinery Instaliation- machinery Landicaping