Current Attempt in Progress

At December $31,2027,$ Riverbed Corporation reported the following plant assets.

$\backslash$table$[[$Land$,,$$ $5,613,000],[$Buildings$,$$$26,640,000,],[$Less: Accumulated depreciation$-$buildings,$22,311,675,4,328,325],[$Equipment$,74,840,000,],[$Less: Accumulated depreciation$-$equipment,$9\mathrm{.}355,000,65,485,000],[$Total plant assets,,$$75,426,325]]$

During $2028,$ the following selected cash transactions occurred.

Apr. $1$ Purchased land for $$4,116,200.$

May $1$ Sold equipment that cost $$1,122,600$ when purchased on January $1,2021.$ The equipment was sold for $$318,070.$

June $1$ Sold land for $$2,993,600.$ The land cost $$1,871,000.$

July $1$ Purchased equipment for $$2,058,100.$

Dec. $31$ Retired equipment that cost $$1,309,700$ when purchased on December $31,2018.$ No salvage value was received.