Cullumber Company purchased land and a buikling on April 1, 2019. for $398,400. The company paid $123,600 in cash and spreda 5% note payable for the balance. At that time, it was estimated that the land was worth $159.000 and the buildin 5239.400. The building was estimated to have a 25-year useful life with a $42.000 residual value. The company has a December 31 year end, prepares adjusting entries annually, and uses the straight-line method for buildings, depreciation is calculated to the nearest month The following are related transactions and adjustments during the next three years. 2019 Dec 31 Recorded annual depreciation Paid the interest owing on the note payable. 2020 Feb. 17 Dec 31 31 31 Paid $295 to have the furnace cleaned and serviced. Recorded annual depreciation. Paid the interest owing on the note payable. The land and building were tested for impairment. The land had a recoverable amount of $128.600 and the building. $ 2021 Jan. 31 Feb. 1 Sold the land and building for $338.000 cash: $124,000 for the land and $214.000 for the building. Paid the nate payable and interest owing