E9-17 (SITia to) EQuestion Help Pierce Furniture purchased land, paying $75,000 cash and signing a $280,000 note payable, In addition, Pierce paid delinquent property tax of $4,500, title insurance costing $2,00D, and $7,000 to level the land and remove an unwanted building. The company then constructed an office building at a cost of $350,000. It also paid $48,000 for a fence around the property, $17,000 for a sigrn near the entrance, and $5,000 for special lighting of the grounds Read the tequirements Requirement 1. Determine the cost of the land, land improvements, and building. The cost of the land is S Requirements 1. Determine the cost of the land, land improvements, and buikding 2. Which of these assets will Pierce depreciate? Print Done Enter any number in the edit fields and then click Check Answer. Check Answes 4 Clear All 2 parts remaining 956 AM