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Selected accounts included in the property, plant, and equipment section of Sarasota Corporations balance sheet at December 31, 2019, had the following balances.

Land		$360,000
Land improvements		168,000
Buildings		1,320,000
Equipment		1,152,000

During 2020, the following transactions occurred.

1.		A tract of land was acquired for $180,000 as a potential future building site.
2.		A plant facility consisting of land and building was acquired from Mendota Company in exchange for 24,000 shares of Sarasotas common stock. On the acquisition date, Sarasotas stock had a closing market price of $37 per share on a national stock exchange. The plant facility was carried on Mendotas books at $132,000 for land and $384,000 for the building at the exchange date. Current appraised values for the land and building, respectively, are $276,000 and $828,000.
3.		Items of machinery and equipment were purchased at a total cost of $480,000. Additional costs were incurred as follows.

Freight and unloading		$15,600
Sales taxes		24,000
Installation		31,200

4.		Expenditures totaling $114,000 were made for new parking lots, streets, and sidewalks at the corporations various plant locations. These expenditures had an estimated useful life of 15 years.
5.		A machine costing $96,000 on January 1, 2012, was scrapped on June 30, 2020. Double-declining-balance depreciation has been recorded on the basis of a 10-year life.
6.		A machine was sold for $24,000 on July 1, 2020. Original cost of the machine was $52,800 on January 1, 2017, and it was depreciated on the straight-line basis over an estimated useful life of 7 years and a salvage value of $2,400.

(a) Calculate the balance at December 31, 2020 in each of the following balance sheet accounts. (Hint: Disregard the related accumulated depreciation accounts.)

		Balance at December 31, 2020
Land		$
Land Improvements		$
Buildings		$
Equipment		$

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