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ANSWER ASAP ca Search Part1: ABC Corporation purchased land to its plant to improve access for trucks making deliveries. Expenditures incurred in purchasing the land

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ca Search Part1: ABC Corporation purchased land to its plant to improve access for trucks making deliveries. Expenditures incurred in purchasing the land were as follows: purchase price, 73,000; broker's fees, 6,000; searching and other fees, 5,300; demolition of an old building on the land, 5,700; laying and paving driveway, 25,000; lighting 7,500; signs, 1,500. + List the items and amounts that should be included in the cost of the Land. Part2: Al-Ghamdi Company purchased a delivery truck for $50,000 on January 1, 2016. The truck was assigned an estimated useful life of 100,000 miles and has a residual value of $10,000. The truck was driven 18,000 miles in 2016 and 22,000 miles in 2017. Compute depreciation expense using the units-of-activity method for the years 2016 and 2017

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