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Aequired information The rollowing information applies to the quesvions displiyed belaw) On January 1 Mitzu Compary poys a lump-sum amount of $2,800,000 for fand, Buliding

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Aequired information The rollowing information applies to the quesvions displiyed belaw) On January 1 Mitzu Compary poys a lump-sum amount of $2,800,000 for fand, Buliding 1, Bulding 2, and tand Imptovements 1 . Guilding 1 has no vatue and wil be demolished. Building 2 wall be an oflice and is appraised at 5660,000 , with a useful ife of 20 years and a $75.000 salvage value, Land improvements 1 is valued at $420.000 and is expected to last onother 14 years with no solvage volue. The iand is valued at $1,920,000. The company also incurs the following bdditional costs. Cest to denolish muilaisy 1 Cont of asdiq lonkl land rrading cost to eostruct batlaisy, haring a uneful tite of as yeare and a 1462,000 salvage value cost of bew Hind teptoremests 2 , Maviog a 20 -yese weful life and no antrage value 1) 31,400 18?,400 2, 302,200 131.090 Aequired: 1. Allocate the costs incured by Muru to the approprigte columns and total esch column

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