do both questions please

tio. BE BE10-3 Basler Company incurs the following costs in purchasing a truck: cash price, $25,000; painting and lettering, $400, motor vehicle licence, $100; and accident insurance, $2,000. What is the cost of the truck? BE10-4 Olympic Company purchased land and a building on January 1, 2002, for $280,000. The company paid $80,000 cash and signed a mortgage note payable for the remainder. Management's best estimate of the value of the land was $100,000 and of the building, $200,000. Prepare the jour- nal entry to record the acquisition of the land and building. m of