1. Assume that Starbucks paid $167,000 cash to acquire land for a retail store. This land had an old service garage that was removed at a net cost of $13,000. Additional closing costs total $10,000, consisting of brokerage fees($8,000), legal fees ($1,500), and title costs($500). Calculate the cost of this land to Starbucks? 2. What are the factors in computing depreciation, explain in details. 3 .Accounting for liabilities involves addressing three important questions, what are they? and give an example?