03- The following expenditures were incurred by Mazen Company in purchasing land cash price $50,000, property taxes $3,000, attorneys' fees $2,500, real estate broker's commission $2,000, and clearing and grading $3,500 prepare journal entries to record the purchase transaction 2-On January 1, 2017 Yellow Company purchased a bus, at a cost of $128,000. The useful life is expected to be 5-year and the salvage value is expected to be $12,000. A- By using straight line method prepare depreciation schedule B-By using declining balance (double declining) method prepare depreciation schedule