Jacob Company recently purchased land, a building, and equipment for a lump sum price of $125,000. Jacob's accountant is preparing to record this transaction in the accounting records and needs to determine the amount to record for eash asset. According to recent appraisal records, the building was appraised at $72,000, the land at $50,000, and the equipment at $23,000. What amount should Jacob's accountant record for the cost of the building in the accounting records? (Round your intermediate calculations to 3 decimal places.) 1.49 points 8 00:40:09 Multiple Choice O $62,125 o $72,000 o o ) $125,000 Bobcat Corporation had sold its product for $40 per unit, but recently lowered the selling price to $25 per unit. The company's current inventory consists of 250 units purchased at $36 per unit. The market value of this inventory is currently $ $23 per unit. At what amount should the company's inventory be reported on the balance sheet? 1.49 points 001955 Multiple Choice $6,250 S9,000 S10,000 S5,750 24 Bobcat Corporation's Office Supplies account has a balance of $840 at the beginning of the year. The amount on hand at the end of the year is $580. The company has calculated the Supplies Expense for the year to be $4,300. Based on this information, what amount of office supplies was purchased during the year? 1.49 points 00:39 o 4040 $4,880 Given the following information, determine stockholders' equity at the end of the 2016: On January 1, 2016, Assets were $25,450 and liabilities were $8,620 During 2016, assets decreased by $3,620 and liabilities increased by $2,920. Stockholder's equity at December 31, 2016 is equal to 1.49 points (3 ) Multiple Choice o $16,830 o $10, 290 o o S15, 290 515, 29