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I have these three problems please. 32 A, 33A, and 34A Built-in 1,3 Megapixel camera Grand Canyon University x D horngrens-accounting-ti x s://viewer gcu.edu/FXMW8XB 679

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Built-in 1,3 Megapixel camera Grand Canyon University x D horngrens-accounting-ti x s://viewer gcu.edu/FXMW8XB 679 of 1182 companys objecuves P10-32A Recording lump sum asset purchases, depreciation, and disposals Gretta Chung 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 asset During 2014, Gretta Chung completed the following transactions: Jan. 1 Purchased office equipme s119,000 Paid s80,000 cash and financed the remaining with a note payable Apr 1 Acquired land and communication equipment in a lump sum purchase. Total cost was $270,000 paid in cash. An independent appraisal valued the land at $212,625 and the communication equipment at $70,875 Sep 1 sold a building that cost $555,000 accumulated dep of $255,000 through December 31 of the preceding year) Chung received s370,000 cash from the sale of the building Depreciation is computed on a straight-line basis The building has a 40year useful life and a residual value of $75,000. Dec. 31 Recorded depreciation as follows Communication equipment is depreciated by the straight-line method ove a five-year life with zero residual value office equipment is depreciated using the double-dedining-balance method over five years with a $2,000 residual value Record the transactions in the journal of Gretta Chung Associates

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