(Treatment of Various Costs) Ben Sisko Supply Company, anewly formed corporation, incurred the following expenditures related to Land, to Buildings, and to Machinery and Equipment.

Abstract company's fee for title search $ 520
Architect's fees 3,170
Cash paid for land and dilapidated building thereon 87,000
Removal of old building $20,000
Less: Salvage 5,500 14,500
Interest on short-term loans during construction 7,400
Excavation before construction for basement 19,000
Machinery purchased (subject to 2% cash discount, which was nottaken) 55,000
Freight on machinery purchased 1,340
Storage charges on machinery, necessitated by noncompletion of
building when machinery was delivered 2,180
New building constructed (building construction took 6 monthsfrom
date of purchase of land and old building) 485,000
Assessment by city for drainage project 1,600
Hauling charges for delivery of machinery from storage to newbuilding 620
Installation of machinery 2,000
Trees, shrubs, and other landscaping after completion ofbuilding
(permanent in nature) 5,400

Instructions:

Determine the amounts that should be debited to Land, to Buildings,and to Machinery and Equipment.

Assume the benefits of capitalizing interest during construction exceed the cost of implementation. Indicate how any costs notdebited to these accounts should be recorded.