On February 1, 2010, Katz corp. purchased a small lot and unusable building for $12,000, including back taxes of $1,000. On March 1, 2010, the lot was cleared, paved, and fenced to provide additional parking for employees. The chief accounting charged all Feburary and March expenditures to the Land account. Total expenses in early March were $1,600 for building removal, $3,000 for paving, and $2,400 for fencing. Prepare the correcting JE that you would propose at December 31, 2010. of the errors.