Item 1: Entity A incurred the following plant asset expenditures during the year: List the items and amounts that make up the Land account only. Be sure to provide a total. Hint some expenditures are for other plant assets, such as land improvements and buildings. Ensure you provide a total for Land only. 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 (show the Equipment account, Accumulated Depreciation account, and Equipment net of Accumulated Depreciation at the end of the third year). 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