Question: Need the balance sheet for this !!! Problem 10-5A (Part Level Submission) At December 31, 2017, Grand Company reported the following as plant assets. Land

Need the balance sheet for this !!!

Problem 10-5A (Part Level Submission)

At December 31, 2017, Grand Company reported the following as plant assets.

Land $ 4,360,000
Buildings $28,130,000
Less: Accumulated depreciationbuildings 12,490,000 15,640,000
Equipment 48,640,000
Less: Accumulated depreciationequipment 5,290,000 43,350,000
Total plant assets $63,350,000

During 2018, the following selected cash transactions occurred.

April 1 Purchased land for $2,050,000.
May 1 Sold equipment that cost $1,020,000 when purchased on January 1, 2014. The equipment was sold for $612,000.
June 1 Sold land purchased on June 1, 2008 for $1,560,000. The land cost $403,000.
July 1 Purchased equipment for $2,580,000.
Dec. 31 Retired equipment that cost $490,000 when purchased on December 31, 2008. No salvage value was received.

Prepare the plant assets section of Grands balance sheet at December 31, 2018. (List Plant Assets in order of Land, Buildings and Equipment.)

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