Problem 7-2 (Part Level Submission) At December 31, 2017, Flounder Corporation reported the following plant assets. Land Buildings Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation--equipment Total plant assets $5,883,000 $26,560,000 23,384,925 3,175,075 78,440,000 9,805,000 68,635,000 $77,693,075 During 2018, the following selected cash transactions occurred. Apr. 1 Purchased land for $4,314,200. May 1 Sold equipment that cost $1,176,600 when purchased on January 1, 2011. The equipment was sold for $333,370 June Sold land for $3,137,600. The land cost $1,961,000. July 1 Purchased equipment for $2,157,100. Dec. 31 Retired equipment that cost $1,372,700 when purchased on December 31, 2008. No salvage value was received. 1 (a) Prepare a tabular summary that includes the plant asset accounts and balances shown on the December 31, 2017, balance shee place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity ite