4) The allowance for doubtful accounts is reduced. 5) The net realizable value of accounts receivable increases. Question 4 (1.5 points) Laura Recreation Park recently purchased Sam Resort and the land on which it is located with the plan to tear down the Sam Resort and build a new amusement park on the site. The cost of tearing down the Sam Resort should be 1) capitalized as part of the cost of the land. 2) written off as a loss in the year the resort is torn down. 3) capitalized as part of the cost of the new amusement park. 4) depreciated over the period from acquisition to the date the resort is scheduled to be torn down. Question 5 (1 point) Saved Notification by the bank that a customer's deposited cheque was returned NSF requires that the depositor make the following adjusting entry