t December $31,2023,$ Cord Com

pany's plant asset and accumulated depreciation and amortization accounts had balances as follows:

CategoryPlant AssetAccumulated Depreciation and AmortizationLand$ $175,000$$ $$Land improvements$$Buildings$1,500,000328,900$Equipment$1,125,000317,500$Automobiles and trucks$172,000100,325$Leasehold improvements$216,000108,000$

Depreciation methods and useful lives:

Buildings$150\%$ declining balance; $25$ years.

Equipment$$Straight line; $10$ years.

Automobiles and trucks$200\%$ declining balance; $5$ years, all acquired after $2020.$

Leasehold improvements$$Straight line.

Land improvements$$Straight line.

Depreciation is computed to the nearest month and residual values are immaterial. Transactions during $2024$ and other information:

On January $6,2024,$ a plant facility consisting of land and building was acquired from King Corporation in exchange for $25,000$ shares of Cord's common stock. On this date, Cord$$s stock had a fair value of $$50$ a share. Current assessed values of land and building for property tax purposes are $$187,500$ and $$562,500,$ respectively.

On March $25,2024,$ new parking lots, streets, and sidewalks at the acquired plant facility were completed at a total cost of $$192,000.$ These expenditures had an estimated useful life of $12$ years.

The leasehold improvements were completed on December $31,2020,$ and had an estimated useful life of eight years. The related lease, which would terminate on December $31,2026,$ was renewable for an additional four$-$year term. On April $30,2024,$ Cord exercised the renewal option.

On July $1,2024,$ equipment was purchased at a total invoice cost of $$325,000.$ Additional costs of $$10,000$ for delivery and $$50,000$ for installation were incurred.

On September $30,2024,$ Cord purchased a new automobile for $$12,500.$

On September $30,2024,$ a truck with a cost of $$24,000$ and a book value of $$9,100$ on date of sale was sold for $$11,500.$ Depreciation for the nine months ended September $30,2024,$ was $$2,650.$

On December $20,2024,$ equipment with a cost of $$17,000$ and a book value of $$2,975$ at date of disposition was scrapped without cash recovery.

Required:

Prepare a schedule analyzing the changes in each of the plant asset accounts during $2024.$ Do not analyze changes in accumulated depreciation and amortization.

For each asset category, prepare a schedule showing depreciation or amortization expense for the year ended December $31,2024.$