a. Purchase price of land, including an old building that will be used for a garage (land market value is $310,000; building market value is $90,000) Grading (leveling) land $ 340,000 b. 8,100 C. Fence around the land 31,300 300 6,000 1,000 100 22,050 514,000 42,150 d. Attorney fee for title search on the land e. Delinquent real estate taxes on the land to be paid by Lance Pharmacy f. Company signs at entrance to the property g. Building permit for the sales building h. Architect fee for the design of the sales building i. Masonry, carpentry, and roofing of the sales building i. Renovation of the garage building k. Interest cost on construction loan for sales building I. Landscaping (trees and shrubs) m. Parking lot and concrete walks on the property n. Lights for the parking lot and walkways o. Salary of construction supervisor (87% to sales building; 10% to land improvements; and 3% to garage building renovations) p. Office furniture for the sales building Transportation and installation of furniture 9,700 6,300 52,100 7,400 45,000 79,500 a. 2.100 Print Done Lance Pharmacy, Inc., opened an office in Minneapolis, Minnesola. Lance incurred the following costs in acquiring land, making land improvements, and constructing and furnishing the new sales building: B Click the icon to view the financial data.) The company depreciates buildings over 50 years, land improvements over 15 years, and furniture over 12 years, all on a straight-line basis with residual values of zero. Read the requirements Requirement 1. Identily the proper account (Land, Land Improvements, Sales Building, Garage Building, or Furniture) for each of the costs listed in the problem. Calculate the total cost of each asset. Start with items a through I, next, enter items through q, and lastly calculate the totals for each asset category. (If an input field is not used in the table leave the field empty, do not enter a zero. Round percentages to two places when calculating proportions (X.XX%), and use your computed percentages throughout. Round your final answers to the nearest whole dollar.) Land Garage Sales Building Item Land Improvements Building Furniture a. b. c. d. e. t. 9. h