Craus, Cindy C.

Land, beg. 3,200,000

Cash paid on purchase of land 10,000,000
Mortgage assumed on the land bought, including interest at 16% 16,000,000
Realtors Commission 1,200,000
Legal Fees, realty taxes, and documentation expenses 200,000
Amount paid to relocate persons squatting on the property 400,000
Land, ending bal. 31,000,000

Land Improvements, beg. 650,000

Cost of fencing the property   440,000
Land improvements, ending bal. 1,090,000

Buildings, beg. 4,600,000

Cost of tearing down an old building on the land 300,000
Amount recovered from the salvage of the building demolished 200,000
Amount paid to a contractor for the building erected 8,000,000 
Building Permit Fees 50,000
Excavation expenses 250,000
Architect's Fee 100,000
Building, ending bal. 13,100,000

Machinery and Equipment, beg. 6,600,000

Invoice cost of machinery acquired 8,000,000
Freight, unloading,  and delivery charges 240,000
Customs duties and other charges 560,000
Allowances, hotel accommodations, etc. paid to foreign technicians
during installation and test run of machines 1.600,000
Machinery and Equipment, ending bal. 17,000,000