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Selected accounts included in the property, plant, and equipment section of Lobo Corporation's balance sheet at December 31, 2024, had the following balances. During 2025 , the following transactions occurred. 1. A tract of land was acquired for $150,000 as a potential future building site. 2. A plant facility consisting of land and building was acquired from Mendota Company in exchange for 20,000 shares of Lobo's common stock. On the acquisition date, Lobo's stock had a closing market price of $37 per share on a national stock exchange. The plant facility was carried on Mendota's books at $110,000 for land and $320,000 for the building at the exchange date. 4. Expenditures totaling $95,000 were made for new parking lots, streets, and sidewalks at the corporation's various plant locations. These expenditures had an estimated useful life of 15 years. 5. A machine costing $80,000 on January 1,2017 , was scrapped on June 30,2025 . Double-declining-balance depreciation has been recorded on the basis of a 10 -year life. 6. A machine was sold for $20,000 on July 1,2025 . Original cost of the machine was $44,000 on January 1,2022 , and it was depreciated on the straight-line basis over an estimated useful life of 7 years and a salvage value of $2,000. (a) Calculate the balance at December 31, 2025 in each of the following balance sheet accounts. (Hint: Disregard the related accumulated depreciation accounts.)

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