Drive and Fly, near an airport, incurred the following costs to acquite land, make Drive and Fly depreciates land improvements over 20 years, bulidings over 50 years, and land improvements, and construct and furnish 8 small building: fumiture over 8 years, all on a straight-Sne basis wth zero res dual value. Cick the icon to view the financial data.) Read the requicements Requirement 1. Columns for Land, Land improvements, Bulding. and Fumiture have been sot up. Show how to account for each cost by listing the cost under the correct account. Determine Bhe lotal cost of each asset Begin by listing each cont for items a. through i. firth, followed by loms ). through q. Then delermine the total cost of each siset. (dr a boxk is not used in the table, leave the bor emply, do not ecter Data table Requirements 1. Columns for Land, Land Improvements, Building, and Furniture have been set up. Show how to account for each cost by listing the cost under the correct account. Determine the total cost of each asset. 2. All construction was complete and the assets were placed in service on July 1 . Record partial-year depreciation for the year ended December 31 . Round to the nearest dollar