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In January 2015, Keona Co. pays $2.800.000 for a tract of land with two buildings on plans to demolish Building 1 and build a new

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In January 2015, Keona Co. pays $2.800.000 for a tract of land with two buildings on plans to demolish Building 1 and build a new store in its place. Building 2 will be a company office; it is appraised at $600000. with a useful life of 20 years and an $90000 residual A parking lot near Building 1 has improvements and improvements valued at $510,000 that are expected to last another 17 years with no residual value. Without the buildings and improvements, the tract of land is valued at $1890000. The company also incurs the following additional costs: Cost to demolish Building 1 342,400 Cost of additional land grading 193400 Cost to construct new building (Building 30, having a useful life of 25 years and a $402,000 residual value 2,282,000 Cost of new land improvements (Land Improvements 2) near Building 2 having a 20 year useful life and no residual value 168,000 10.00 points Required 1. Allocate the costs incurred by Keona to the appropriate columns and total each column. (Leave no cells blank be certain to enter "0" wherever required. Omit the "S" sign in your response.) improvements 1 improvements 2 Purchase price S MacBook Pro

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