ding Queestio... Question 1 View Policies Current Attempt in Progress At December 31, 2017, Blue Corporation reported the following plant assets. $4,548,000 Land Buildings Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation-equipment Total plant assets 8,441,700 $26,520,000 18,078,300 60,640,000 7,580,000 53,060,000 $66,049,700 During 2018, the following selected cash transactions occurred. Apr. 1 Purchased land for $3,335,200. May 1 Sold equipment that cost $909,600 when purchased on January 1, 2011. The equipment was sold for $257,720. June 1 Sold land for $2.425,600. The land cost $1,516,000. July 1 Purchased equipment for $1,667,600. Dec. 31 Retired equipment that cost $1,061,200 when purchased on December 31, 2008. No salvage value was received Prepare the plant assets section of Blue's balance sheet at December 31, 2018. (Hint: You may wish to set up T accounts, post beginning balances, and then post 2018 transactions.) (List Plant Assets in order of Land, Building and Equipment.) BLUE CORPORATION Partial Balance Sheet December 31, 2018 e Textbook and Media List of Accounts