Cindy is looking over some calculations on depreciation. One estimates the depreciation expense of a new bulldozer to be $3,500. The next calculation shows the depreciation expense of a recently purchased plot of land to be $2,300. The final calculation estimates the depreciation expense of a new warehouse to be $1,300. What is wrong with these calculations? The land and bulldozer calculations are likely correct, but the warehouse calculation is likely incorrect as it should not have a lower depreciation value than the other two. The warehouse and bulldozer calculations are likely fine, but the plot of land calculation is incorrect as depreciation does not apply to land. The land and warehouse calculations are likely correct, but the bulldozer calculation is likely incorrect as it should not have a higher depreciation value than the other two. The land and bulldozer calculations are likely fine, but the warehouse calculation is incorrect as depreciation does not apply to buildings