At December 31. 2022, Pronghorn Corporation reported the following plant assets. Land $3.498,000 Buildings $26,630,000 Less:...

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At December 31. 2022, Pronghorn Corporation reported the following plant assets. Land $3.498,000 Buildings $26,630,000 Less: Accumulated depreciation-buildings 13,904,550 12.725,450 Equipment 46,640,000 Less: Accumulated depreciation-equipment 5.830,000 40,810,000 Total plant assets $57,033,450 During 2023, the following selected cash transactions occurred. Арг. 1 Purchased land for $2,565,200. May Sold equipment that cost $699,600 when purchased on January 1, 2016. The equipment was sold for $198,220. June Sold land for $1,865,600, The land cost $1,166,000. July 1 Purchased equipment for $1.282.600. Dec. 31 Retired equipment that cost $816,200 when purchased on December 31. 2013. No salvage value was received. (a) Prepare a tabular summary that includes the plant asset accounts and balances shown on the December 31, 2022, balance sheet. (If a transaction couses a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Cash Land Buildings Accum. Depr. -E Bal. Stockholders' Equity Retained Earnings Common Stock Revenue Expense Dividend 2$ $ 2$ $ At December 31. 2022, Pronghorn Corporation reported the following plant assets. Land $3.498,000 Buildings $26,630,000 Less: Accumulated depreciation-buildings 13,904,550 12.725,450 Equipment 46,640,000 Less: Accumulated depreciation-equipment 5.830,000 40,810,000 Total plant assets $57,033,450 During 2023, the following selected cash transactions occurred. Арг. 1 Purchased land for $2,565,200. May Sold equipment that cost $699,600 when purchased on January 1, 2016. The equipment was sold for $198,220. June Sold land for $1,865,600, The land cost $1,166,000. July 1 Purchased equipment for $1.282.600. Dec. 31 Retired equipment that cost $816,200 when purchased on December 31. 2013. No salvage value was received. (a) Prepare a tabular summary that includes the plant asset accounts and balances shown on the December 31, 2022, balance sheet. (If a transaction couses a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Cash Land Buildings Accum. Depr. -E Bal. Stockholders' Equity Retained Earnings Common Stock Revenue Expense Dividend 2$ $ 2$ $