Ivy Company purchased land and a building for $500,000. The land was appraised at $220,000, and the building was appraised at $330,000. Determine the dollar amounts to be allocated to the Land account and to the Building account for this transation.

The amount allocated to Land is:	$
The amount allocated to Building is	$

Bao Wao Designs Inc. purchased a computerized blueprint printer that will assist in the design and display of plans for factory layouts. The cost of the printer was $22,500, and its expected useful life is four years. The company can probably sell the printer for $2,500 at the end of four years. The printer is expected to last 6,000 hours. It was used 1,200 hours in year 1; 1,800 hours in year 2; 2,400 hours in year 3; and 600 hours in year 4.

Compute the annual depreciation and carrying value for the new blueprint printer for each of the four years under the production method. Do not round your intermediate calculations.

	Depreciation	Carrying value
Year 1:	$	$
Year 2:	$	$
Year 3:	$	$
Year 4:	$	$

On January 1, Year 1, Courier Inc. purchased new equipment that had a total cost (including shipping and installation) of $85,000. The equipment is expected to have a useful life of four years or to produce a total of 125,000 units. At the end of its useful life, the equipment is expected to have a residual value of $5,000. The equipment is expected to produce 28,750 units in Year 1; 32,500 units in Year 2; 33,750 units in Year 3; and 30,000 units in Year 4. Courier Inc.'s fiscal year ends December 31.

In the table below, fill in the missing depreciation expense and accumulated depreciation amounts using the straight-line, double-declining-balance, and production methods.

Cost $85,000		Depreciation Expense									Accumulated Depreciation
Year		Straight-Line Method			Double-Declining-Balance Method			Production Method			Straight-Line Method			Double-Declining-Balance Method			Production Method
Year 1		$			$42,500			$18,400			$20,000			$42,500			$18,400
Year 2		$20,000			$			$20,800			$			$63,750			$39,200
Year 3		$20,000			$10,625			$			$60,000			$			$60,800
Year 4		$20,000			$5,625			$19,200			$80,000			$80,000			$