Early in 2015, Menan Corporation engaged Roberts, Inc. to designand construct a complete modernization of Menan's manufacturingfacility. Construction was begun on May 1, 2015. Menan made thefollowing payments to Roberts, Inc. during 2015:
| Date | Payment |
| May 1, 2015 | $34,000,000 |
| August 31, 2015 | $56,000,000 |
| December 31, 2015 | $31,000,000 |
In order to help finance the construction, Nolan issued thefollowing during 2015:
1. $12,000,000 of 10-year, 9% bonds payable, issued at par onMay 1, 2015, with interest payable annually on May 1.
2. 20,000,000 shares of no-par common stock, issued at $10 pershare on May 1, 2015.
In addition to the 9% bonds payable, the only other debtoutstanding during 2015 was an $8,000,000, 12% note payable datedJanuary 1, 2012 and due January 1, 2022, with interest payableannually on January 1.
What is the total amount to be debited to the 'ManufacturingFacility' account during the year 2015?
