Sheffield Supply Company, a newly formed corporation, incurred the following expenditures related to Land, to Buildings, and to Machinery and Equipment.
Abstract companys fee for title search $
Architects fees
Cash paid for land and dilapidated building thereon
Removal of old building
$
Less: Salvage
Interest on shortterm loans during construction
Excavation before construction for basement
Machinery purchased subject to cash discount, which was not taken
Freight on machinery purchased
Storage charges on machinery, necessitated by noncompletion of
building when machinery was delivered
New building constructed building construction took months from
date of purchase of land and old building
Assessment by city for drainage project
Hauling charges for delivery of machinery from storage to new building
Installation of machinery
Trees, shrubs, and other landscaping after completion of building
permanent in nature
