Bramble Landscaping began construction of a new plant on December 1, 2020. On this date, the company purchased a parcel of land for $141,600 in cash. In addition, it paid $3,120 in surveying costs and $3,840 for a title insurance policy. An old dwelling on the premises was demolished at a cost of $3,360, with $1,200 being received from the sale of materials. Architectural plans were also formalized on December 1, 2017, when the architect was paid $36,000. The necessary building permits costing $3,360 were obtained from the city and paid for on December 1 as well. The excavation work began during the first week in December with payments made to the contractor in 2018 as follows.

Date of Payment Amount of Payment
March 1 $ 262,800
May 1 333,600
July 1 63,600
The building was completed on July 1, 2018.

To finance construction of this plant, Blue borrowed $603,600 from the bank on December 1, 2017. Blue had no other borrowings. The $603,600 was a 10-year loan bearing interest at 10%.

Compute the balance in each of the following accounts at December 31, 2017, and December 31, 2018. (Round answers to 0 decimal places, e. g. 5,275.)

December 31, 2017 December 31, 2018
(a) Balance in Land Account
(b) Balance in Building
(c) Balance in Interest Expense