- Drive and Fly, near an aport, noured the following costs to acquire and make land improvements, and construct and furnish a smal building Dve and Fy deprecates and improvements over 15 years buildings over 50 years, and more 10 mick the icon to view the tranciata years, all on a straight the boss wherral value Read the Requirement 1. Columes for Land Land improvements, Building, and Furniture have been set up show how to account for each cont by Inteng the cout under the correct act Determine the total cost of each otet Begin by Fating each cout for tem a rough first, folowed by tema) through a Then determine the total cost death at it be noted in the the box empty, do not enter a 2010) Land Hem Land Improvements Building Furniture Data table 84.000 5,700 8.800 Delinquent real estate as on the land to be paid by Drive and 6,700 Fly 2.400 c. Additional dirt and earthmoving 81300 9.700 o Title Insurance on the land acquisition 3400 1.100 Fence around the boundary of the property 1.700 20.000 Building permit for the building 1.100 M 9.500 Architect's fee for the design of the building 20.000 200.000 Signs near the front of the property 350 170.000 Materials used to constructie building 218000 2.600 | Labor to construct the building 170,000 21.900 Interest cost on construction loan for the building 300 11.100 Parking lots on the property 10.000 36.000 m Lights for the parking lote 11.00 Salary of construction supervisor (80% to building, 20% to 70.000 pining for and concrete Puni Transportation of are from dater to the building 1.000 Submit te Ancie 100 1 Orived Fyraran arport incurred the following costs to cure and make and improvements and construct and furnish a small building: it on to view the financial Drive and Fy precies and improvements over 15 years, buildings over 30 years, and more over 10 years, al ons straight-line basis with residual Read the 1 0.000 1 Data table 22.000 11.100 14.000 1 50.000 5.700 0 11600 1900 100 87A00 0.00 476700 132300 Requirement 2. Al construction was complete and these were placed in service on September 1. Hecordered Introduction on the whole contents Accounts and Explanation D Cr De 31 Delinquent real estate ass on the land to be paid by Drive and TV Additional dirt and thing Tile Insurance on the land sequi Ponce round the boundary of the property Building permit for the building Architects for the of the building ir the front of the property Materialeveed to construct the time Laber to construct the building Interest conten contration for the buting Parking lots on the property m Lights for the parking lote Salary of construction supervisor to building: 30% parking lot and water Pure Transportation of future from seller to the building A fencing 100 300 0.700 100 20.000 2.500 218.000 170.000 6 Bate 100 7.000 11.00 100 Print Done