4.
Expenditures totaling $98,800 were made for new parking lots, streets, and sidewalks at the corporation's various plant
locations. These expenditures had an estimated useful life of 15 years.
5.
A machine costing $83,200 on January 1, 2017, was scrapped on June 30, 2025. Double-declining-balance depreciation has
been recorded on the basis of a 10-year life.
6.
A machine was sold for $20,800 on July 1, 2025. Original cost of the machine was $45,760 on January 1, 2022, and it was
depreciated on the straight-line basis over an estimated useful life of 7 years and a salvage value of $2,080.
(a) Calculate the balance at December 31, 2025 in each of the following balance sheet accounts. (Hint: Disregard the related
accumulated depreciation accounts.)
Land
Balance at December 31, 2025
$
Land improvements
$
Buildings
$
Equipment
$
