Hi can you please show me and finish the last 4 steps to this problem? I am very confused. Thank you for all your help!!

Grace Carol Associates surveys American eating habits. The company's accounts include Land, Buildings, Office Equipment, and Communication Equipment, with a separate Accumulated Depreciation account for each depreciable asset. Duri 2018, Grace Carol Associates completed the following transactions: Click the icon to view the transactions.) Record the transactions in the joumal of Grace Carol Associates. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Jan. 1: Purchased office equipment, $118,000. Paid $78,000 cash and financed the remainder with a note payable. (Record a single compound journal entry) Date Accounts and Explanation Debit Credit Jan 1 118,000 Office Equipment Cash 78,000 Notes Payable 40.000 To record purchase of office equipment with cash and note payable. Apr. 1: Acquired land and communication equipment in a lump-sum purchase. Total cost was $400,000 paid in cash. An independent appraisal valued the land at $315,000 and the communication equipment at $105,000. (Record a single compound joumal entry) Date Accounts and Explanation Debit Credit Apr. 1 400000 Land Communication Equipment Cash To record purchase of land and communication equipment with cash. Choose from any list or enter any number in the input fields and then click Check Answer. 4 parts Clear All Check Answer remaining Grace Carol Associates surveys American eating habits. The company's accounts include Land, Buildings, Office Equipment, and Communication Equipment, with a separate Accumulated Depreciation acco 2018, Grace Carol Associates completed the following transactions: (Click the icon to view the transactions.) Record the transactions in the journal of Grace Carol Associates. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Jan. 1: Purchased office equipment, $118,000. Paid $78,000 cash and 0 More Info Date Accounts and Explanation Jan. 1 Office Equipment Cash Notes Payable To record purchase of office equipment with cash and no Jan. 1 Purchased office equipment, $118,000. Paid $78,000 cash and financed the remainder with a note payable. Apr. 1 Acquired land and communication equipment in a lump-sum purchase. Total cost was $400,000 paid in cash. An independent appraisal valued the land at $315,000 and the communication equipment at $105,000. Sep. 1 Sold a building that cost $560,000 (accumulated depreciation of $270,000 through December 31 of the preceding year). Grace Carol Associates received $360,000 cash from the sale of the building. Depreciation is computed on a straight-line basis. The building has a 40-year useful life and a residual value of $50,000. Dec. 31 Recorded depreciation as follows: Communication equipment is depreciated by the straight-line method over a five-year life with zero residual value, Office equipment is depreciated using the double-declining-balance method over five years with a $2,000 residual value. the communication equipment Apr. 1: Acquired land and communication equipment in a lump-sum pu compound journal entry.) Date Accounts and Explanation Apr. 1 Land Communication Equipment Cash Print Done To record purchase of land and communication equipmer