Item 1: Entity A incurred the following plant asset eppendltures in during the year. 1. Real estate purchased to bulld an avation maintenence hangar (seller valued land at $80,000 and bullding $80,000 ) $140,000 2. Acerued real estate taxes (owed by seller) paid at time of purchase of real estate 3,000 3. Cost of demolition of bulding to make land sultable for 4. Constrution of hangar 5. Excavation (loundation) costs for new hangar 6. Engineering and detign fees for hangar 7. Full payment to hangar billiing contractor 8. Cost of lighting and peving a parking lot for hangar employees 9. Proceeds from salvage of demolished bulding Lst the ilems and amounts that make up the Land acoount. Be sure to provide a total. hem 2: Equipment with a cost of $112,000 has an estimated salvage value of $9,600 and an eqtimated tifo of 5 years. Compute the annual depredation and then show what this asset looks like on the balance sheet at the end of the thind year (orepare a pertal dassilfed balance sheet). Show your work. Item 3: Equipment that ceat $173.000 and on which $125.000 of accumulated depreciation has been rocorded was disposed of for $50,000 cash. Make the enty to record this transaction. Hirt Computo BV and then gain (los). 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