ABC Corporation Asset Acquisition Data December 31, 2020 Asset Acquisition Data 1. Vehicle for $ 86,500 with 8 years of useful life with $ 25,000 of residual value acquired in January 2017 2. Building and land with a total of $ 2,014,175 with 30 years of useful life. The land cost $ 855,000 and the building has a salvage value of $ 330,000. Acquired in January 2007 Instructions: Audit the expense and accumulated depreciation of these assets |