greetings students According to today's video of our class answer the following questions 1) What items are included as part of the construction cost of an asset? 2) What items would not be included as part of the cost of an asset? 3) In the case of land purchased for the purpose of building a new office for business use, if the cost was $90,000, other costs were $2,500 for construction plans, $1,050 for a fence around the land, $4,750 for the installation of electrical installations, $1,250 for hiring a security guard, $3,450 for a "shot" of gravel and pitch, $2,000 for the State Insurance Fund policy and $5,000 for permits from the municipality of Bayamn , and on the other hand we sold some rubble for $1,500 that already existed on that land, when would the cost be recorded as the total cost of the land? Assuming that $20,000 was contributed in the purchase of the land and the rest was financed, make the journal entries corresponding to the previous situation presented. Assume also that simultaneously a small building was built whose costs including permits, materials, labor, building permits and others totaled $45,000, what would be the cost of that building? and what would be the journal entry for it? Referring to the previous table, why should the entrances of the land and the building be made separately?