1 Stanley Corp. incurred the following costs to acquire land, make land improvements, construct a...

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1 Stanley Corp. incurred the following costs to acquire land, make land improvements, construct a warehouse and purchase equipment to start operating its sporting goods business $ Line 1 Cost of land 2 Attorney's fee, land acquisition 3 Architect's fee, building design 4 Accrued Taxes on Land 5 Construction cost of Building 6 Annual Salary of staff who supervised the construction of the building for six months 7 Interest charges on loan for building paid during construction 8 Closing costs on purchase of land (Title Insurance, Title search) 9 Construction of Parking lot and sidewalk 10 Interest paid after completion of building construction 11 Cost of Electrical wiring, building 12 Cost of Landscaping 13 Installation cost of sprinkler system 14 Cost of surveying land 15 Purchase of Plant Equipment 16 Delivery and freight charges, Plant Equipment 17 Installation cost of Plant Equipment 18 Testing and Training costs (Prior to use of Plant Equipmment) 19 Cost of grading the land 20 Proceeds from sale of Scrap Materials on the land 21 Cost of Partitioning of warehouse 22 Purchase of Delivery truck 23 Delivery and freight charges - Truck 24 Freight Insurance - Truck 25 Motor Vehicle registration and licensing fees - Truck 26 Prepaid insurance - one year for Truck 27 Cost of Painting and Lettering of Delivery Truck 300,000 15,000 35,000 2,500 975.000 80,000 5,500 22,000 55,000 15,675 60,000 25,000 6,500 5,600 150,000 5,500 8,000 6.000 9.000 (6,000) 15,555 75,000 6,000 2,000 1,200 2,500 2.500 1 Stanley Corp. incurred the following costs to acquire land, make land improvements, construct a warehouse and purchase equipment to start operating its sporting goods business $ Line 1 Cost of land 2 Attorney's fee, land acquisition 3 Architect's fee, building design 4 Accrued Taxes on Land 5 Construction cost of Building 6 Annual Salary of staff who supervised the construction of the building for six months 7 Interest charges on loan for building paid during construction 8 Closing costs on purchase of land (Title Insurance, Title search) 9 Construction of Parking lot and sidewalk 10 Interest paid after completion of building construction 11 Cost of Electrical wiring, building 12 Cost of Landscaping 13 Installation cost of sprinkler system 14 Cost of surveying land 15 Purchase of Plant Equipment 16 Delivery and freight charges, Plant Equipment 17 Installation cost of Plant Equipment 18 Testing and Training costs (Prior to use of Plant Equipmment) 19 Cost of grading the land 20 Proceeds from sale of Scrap Materials on the land 21 Cost of Partitioning of warehouse 22 Purchase of Delivery truck 23 Delivery and freight charges - Truck 24 Freight Insurance - Truck 25 Motor Vehicle registration and licensing fees - Truck 26 Prepaid insurance - one year for Truck 27 Cost of Painting and Lettering of Delivery Truck 300,000 15,000 35,000 2,500 975.000 80,000 5,500 22,000 55,000 15,675 60,000 25,000 6,500 5,600 150,000 5,500 8,000 6.000 9.000 (6,000) 15,555 75,000 6,000 2,000 1,200 2,500 2.500

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