During 2021, Ming's Book. Store paid $486,000 for land and built a storo in Clovoland, Ohio. Prior to construction, the ciby of Clonviland charged Ming's $1,000 for a buliding permit, which Ming's paid. was completod June 30,2021 . Ming's depreciales the bullding using the straight-line method over 35 years, with estimated residual value of $330,000. Rood the requirembots. building for 2021. (Fecord debits first, then credts. Exclude explansions from ary joumal entries.) a. Journalize the purchase of the land 1. Journalize transactions for the following (explanations are not required): a. Purchase of the land b. All the costs chargeable to the building in a single entry c. Depreciation on the building for 2021 2. Report N'sg's plant assets on the company's balance sheet at December 31, 2021. 3. What will Ming's income statement for the year ended December 31,2021 , report for these facts