S W PLUS: MW PLUS Kleso, Intermediate Accounting, 17e INTERMEDIATE ACCO Assignment Gradeboek ORION Downloadable eTextbook ment CALCULATOR FULL SCREEN Exerdse 10-13 Presented below is information related to Marin Company. 1. On July 6, Marin Company acquired the plant assets of Doonesbury Company, which had discontinued operations. The appraised value of the property is Land $500,000 Buildings 1,500,000 Equipment 1,000,000 Total $3,000,000 Marin Company gave 12,400 shares of its $100 par value common stock in exchange. The stock had a market price of $168 per share on the date of the purchase of the property 2. Marin Company expended the following amounts in cash between July 6 and December 15, the date when a first occupied the building (Prepare consolidated entry for all transactions below) Repairs to building $2.000 Construction of bases for equipment to be installed inter 324.000 Driveways and parking lots 292,800 Remodeling of office space in building, including new partitions and walls 386,400 Special assessment by city on land 43,200 3. On December 20, the company paid cash for equipment, $624,000, subject to a 2% cash discount, and freight on equipment of $25,200 Prepare entries on the books of Marin Company for these transactions. (Round Intermediate alculation to decimal places 1.25124 and nalanswer to decimal place 58.371. Credo automatically indented when amount is entered. Do not indent manually. It ne entry is required, select "Ne try for the account titles and enter for the amount)