Entity A incurred the following plant asset expenditures in during the year. 1. Real estate purchased to build an aviation maintenance hangar (seller valued land at $80,000 and building $80,000) 2. Accrued real estate taxes (owed by seller) paid at time $140,000 of purchase of real estate 3. Cost of demolition of building to make land suitable for construction of hangar 3,000 75,000 57,000 4. Cost of filling and grading the land 5. Excavation (foundation) costs for new hangar 125,000 6. Engineering and design fees for hangar 44,000 6,560,000 7. Full payment to hangar building contractor 8. Cost of lighting and paving a parking lot for hangar employees 100,000 9. Proceeds from salvage of demolished building 15,500 List the items and amounts that make up the Land account. Be sure to provide a total. Item 2: Equipment with a cost of $112,000 has an estimated salvage value of $9,600 and an estimated life of 5 years. Compute the annual depreciation and then show what this asset looks like on the balance sheet at the end of the third year (prepare a partial classified balance sheet). Show your work. Item 3: Equipment that cost $173,000 and on which $125,000 of accumulated depreciation has been recorded was disposed of for $50,000 cash. Make the entry to record this transaction. Hint: Compute BV and then gain (loss). Item 4: Entity B bought equipment for $400,000 on January 1, 2022. It estimated the useful life to be 10 years with no salvage value, and the straight-line method of depreciation was used. On January 1, 2023, Entity B decides that it will use the equipment for a total of 4 years. Compute the revised depreciation expense for 2023 and make the entry to record depreciation expense. Show work.