can you help me to do in compond way

compound way.

income to support a requested increas I5 Briefly justify your calculations. (c) Comment on the difference in results for (a) and (b) above. Calculate the total expe nses related to the building under both scenarios. What else should be considered in determining the amount to be capitalized P10-7 Vidi Corporation, a private enterprise, made the following purchases related to its property, plant, and equip- ation for al ment during its fiscal year ended December 31, 2017. The company uses the straight-line method of depreciation for a its capital assets. i. In early January, Vidi issued 140,000 common shares in exchange for property consisting Problems 617 the date of acquisition, a reliable, independent appraiser estimated that the fair val was $600,000 and $300,000, respectively. The seller had advertised a price of land and a ware d and warehouse in a commercial retail magazine. Vidi paid a local real estate ppraiser estimated that the fair value of the land and of $860,000 or best offer broker a finder's fee of prior when 15,000 common shares were sold The most recent sale of Vidi's shares took place a month prior when 15,000 comm for S9 per share. 31, the company acquired equipment on credit. The terms were a 2. On Mares 000 on March 31 for each of the next two years. The implicit intetu of $5,000 on March list price and replace a wall and $1,500 to rea S500 was spent to repair the equipment afte was S17,000. Additional costs that were incurred to install the equipment incw equipment. terms were a $7,000 cash down payment plus pay rrange existing equipment to ma 1.000dditional ent included $1,000 to tear d new equipment. An additional During the year, the following events also occu r it was dropped during installation. 3. A new motor was purchased for $50,000 for a large grindin rge grinding machine (original cost of the machine, $350,000 nt date, $100,000). The motor will not improve the quality or accumulated depreciation at the replacem 10 years (ignore the IFRS municipal tax assessment indicated that the property was assessed for $95,000, whic c tion; however, it will extend the grinding machine's useful life from the current 8 years to u requirement to estimate and remove the cost of the old motor 4. The company purchased a small building in n a nearby town for $125,000 to use as a display and e p sales location. The building and $27,000 for the land. The building had been empty for six months and r tenance work before it could be used. The following costs were incurred in 2017 prh into the building on September 30: former $900; current year's (2017) taxes, $1,000; reshingling of roof, $2,200, costo S230; cost of spray-cleaning the outside walls and washing windows, $750, cost incremental fire and liability insurance for 15 months starting Septemb to the owner's unpaid property taxes on the property for the previous year cost of hauling refuse out of the basement, of painting inside walls, $3,170, and 5. The company repaired the pl 6. On June 30, th umbing system in its factory for $35,000. The original plumbing costs were not e company replaced a freezer with a new one that cost $20,000 cash (fair value of $21,000 for the reezer less trade-in value of the old freezer). The cost of the old freezer was $15,000.At the beginning of the year, the company had depreciated 60% of the old freezer, that is, 10% per year o 7. The company painted the factory exterior at a cost of $12,000 Instructions es, financial calculator, or Exce). (a) Prepare the journal entries that are required to record the acquisitions and/or costs incurred in the above transactions. In the case of present value calculations, use any of the three methods (tabl rnative methods to account for any of the transactions, indicate what the alternatives are and y reason for choosing the method that you used