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On January 1, 2024, the Hlackstone Corporation purchased a tract of larkd (site number 11) with a building for $640000. Addiuonally. Biackstone paid a real estate broker's commissich of 540,000 , legal fees of $8,000, and title insurance of $20,000, The closing statement indicated that the land yalue was $520,000 and the building value was $120,000. Shorthy after acquisition, the buiding was rared at a cost of $79000 Blackstone entered into is 53,400,000 fixed-price contract with Barnett Buiders, Incorporated, on March 1,2024, for the construction of an office building on hand site it The building was completed and occupled on September 30, 2025. Additional construction costs were incurred os follows: rians, specifications, and blueprints Architects' fees' for destigh and superviston 16,000 8a,000 Jo finance the construction cost, Blackstone borrowed $3,400,000 on March 1,2024. The loan is payable in 10 annual instaliments of $340.000 plus interest at the rate of 12%. Plackstone's average amounts of accumulated expenditures were as follows: For the period March 2 to becenter 31,2034 For the perlod January 1 to Septrater 30,2025 Required: 1. Prepare a schedule that discloses the individual costs malang up the balance in the land account in respect of land site 11 as of September 30,2025 2. Prepare a schedule that ciscioses the individual costs that should be capitalized in the office buliding account as of September 30,2025 Complete this question by entering your answers in the tabs below. Prepare a schedule that diacloses the individual costs maling up the balance in the land account in respect of land site 11 as of September 30,2025 . 1. Prepare a schedule that discloses the individual costs making up the balance in the land occount in respect of land ste 11 as of September 30,2025 . 2. Prepare a schedule that discioses the individual costs that should be capialized in the office building account as of September 30,2025 Complete this question by entering your answers in the tabs below. Prepare a 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 . Required: 1. Prepare a 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 September 30,2025 . Complete this question by entering your answers in the tabs below. Prepare a schedule that discloses the individual costs that should be capitalized in the office building account as of september 30,2025 . Note: Do not found intermediate calculations

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