Item 1: Entity A incurred the following plant asset expenditures in during the year. List the items and amounts that make up the Land account. Be sure to provide a total. Item 2: Equipment with a cost of $112,000 has an estimated salvage value of $9,600 and an estimated life of 5 years. Compute the annual depreciation and then show what this asset looks like on the balance sheet at the end of the third year (prepare a partial classified balance sheet). Show your work. Item 3: Equipment that cost $173,000 and on which $125,000 of accumulated depreciation has been recorded was disposed of for $50,000 cash. Make the entry to record this transaction. Hint: Compute BV and then gain (loss). 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