ng Airport Parking, near an airport incurred the following costs to acquire land make land improvements, and construct and furnish a small building (Click the icon to view the financial data.) Airport Parking depreciates land improvements over 15 years, buildings over 40 years, and furniture over 10 years, all on a straight-line basis with zero residual value. Read the requirements uments Requirement 1. Columns for Land, Land Improvements, Building, and Furniture have been set up. Show how to account for each cost by listing the cost under the correct account Determine the total cost of each asset. Begin by listing each cost for items a. through i. first, followed by items j. through q. Then determine the total cost of each asset (lf a box is not used in the table, leave the box empty: do not enter a zero.) edia Land e Tutoring Item Land Improvements Building Furniture a b act an Online gator C. d Bry e ary Guide f. g Hent Course luations h. j por Falking, heal an all port, improvements, and construct and B: (Click the icon to view the fin fars, buildings over 40 years, zero residual value. $ 87,000 5,500 8.400 3,500 nder the correct account. Requirement 1. Columns for Lar Determine the total cost of each table, leave the box empty Begin by listing each cost for iten do not enter a zero.) 9,300 400 20,000 9.100 Item a. Purchase price of three acres of land b. Delinquent real estate taxes on the land to be paid by Airport Parking c. Additional dirt and earthmoving d. Title insurance on the land acquisition e. Fence around the boundary of the property f. Building permit for the building g. Architect's fee for the design of the building h. Signs near the front of the property i. Materials used to construct the building j. Labor to construct the building k. Interest cost on construction loan for the building 1. Parking lots on the property m. Lights for the parking lots n. Salary of construction supervisor (80% to building; 20% to parking lot and concrete walks) Land a b C . 217,000 175,000 9,200 28 800 11,300 d e f 60.000 9 h i. j Print Done Bi improvements, and construct and (Click the icon to view the fin fars, buildings over zero residual valu 3,500 9,300 Requirement 1. Columns for Lar Determine the total cost of each 400 hder the correct acc 20.000 Begin by listing each cost for iten do not enter a zero.) 9,100 table, leave the box 217,000 175.000 9.200 Item d. Title insurance on the land acquisition e. Fence around the boundary of the property f. Building permit for the building g. Architect's fee for the design of the building h. Signs near the front of the property i. Materials used to construct the building j. Labor to construct the building k. Interest cost on construction loan for the building 1. Parking lots on the property m. Lights for the parking lots n. Salary of construction supervisor (80% to building; 20% to parking lot and concrete walks) 0. Furniture W p. Transportation of furniture from seller to the building q. Additional fencing Land a. 28.800 b 11 300 C. 60.000 d 11,800 e. 100 f. 6.100 9 h. i. j Print Done (Click the icon to view the financial data.) all Un a Straight-line basis with zero residual value. Read the requirements Requirements Requirement 1. Columns for Land, Land Determine the total cost of each asset Requirements he cost under the correct account Begin by listing each cost for items a. thro do not enter a zero.) led in the table, leave the box empty: Fing Land Item Land Improver 1. Columns for Land Land Improvements, Building, and Furniture have been set up. Show how to account for each cost by listing the cost under the correct account. Determine the total cost of each asset. 2. All construction was complete and the assets were placed in service on June 1. Record partial-year depreciation for the year ended December 31. Round to the nearest dollar, a Online b C. d e de Print Done f. urse 1 g h ng Airport Parking, near an airport incurred the following costs to acquire land make land improvements, and construct and furnish a small building (Click the icon to view the financial data.) Airport Parking depreciates land improvements over 15 years, buildings over 40 years, and furniture over 10 years, all on a straight-line basis with zero residual value. Read the requirements uments Requirement 1. Columns for Land, Land Improvements, Building, and Furniture have been set up. Show how to account for each cost by listing the cost under the correct account Determine the total cost of each asset. Begin by listing each cost for items a. through i. first, followed by items j. through q. Then determine the total cost of each asset (lf a box is not used in the table, leave the box empty: do not enter a zero.) edia Land e Tutoring Item Land Improvements Building Furniture a b act an Online gator C. d Bry e ary Guide f. g Hent Course luations h. j por Falking, heal an all port, improvements, and construct and B: (Click the icon to view the fin fars, buildings over 40 years, zero residual value. $ 87,000 5,500 8.400 3,500 nder the correct account. Requirement 1. Columns for Lar Determine the total cost of each table, leave the box empty Begin by listing each cost for iten do not enter a zero.) 9,300 400 20,000 9.100 Item a. Purchase price of three acres of land b. Delinquent real estate taxes on the land to be paid by Airport Parking c. Additional dirt and earthmoving d. Title insurance on the land acquisition e. Fence around the boundary of the property f. Building permit for the building g. Architect's fee for the design of the building h. Signs near the front of the property i. Materials used to construct the building j. Labor to construct the building k. Interest cost on construction loan for the building 1. Parking lots on the property m. Lights for the parking lots n. Salary of construction supervisor (80% to building; 20% to parking lot and concrete walks) Land a b C . 217,000 175,000 9,200 28 800 11,300 d e f 60.000 9 h i. j Print Done Bi improvements, and construct and (Click the icon to view the fin fars, buildings over zero residual valu 3,500 9,300 Requirement 1. Columns for Lar Determine the total cost of each 400 hder the correct acc 20.000 Begin by listing each cost for iten do not enter a zero.) 9,100 table, leave the box 217,000 175.000 9.200 Item d. Title insurance on the land acquisition e. Fence around the boundary of the property f. Building permit for the building g. Architect's fee for the design of the building h. Signs near the front of the property i. Materials used to construct the building j. Labor to construct the building k. Interest cost on construction loan for the building 1. Parking lots on the property m. Lights for the parking lots n. Salary of construction supervisor (80% to building; 20% to parking lot and concrete walks) 0. Furniture W p. Transportation of furniture from seller to the building q. Additional fencing Land a. 28.800 b 11 300 C. 60.000 d 11,800 e. 100 f. 6.100 9 h. i. j Print Done (Click the icon to view the financial data.) all Un a Straight-line basis with zero residual value. Read the requirements Requirements Requirement 1. Columns for Land, Land Determine the total cost of each asset Requirements he cost under the correct account Begin by listing each cost for items a. thro do not enter a zero.) led in the table, leave the box empty: Fing Land Item Land Improver 1. Columns for Land Land Improvements, Building, and Furniture have been set up. Show how to account for each cost by listing the cost under the correct account. Determine the total cost of each asset. 2. All construction was complete and the assets were placed in service on June 1. Record partial-year depreciation for the year ended December 31. Round to the nearest dollar, a Online b C. d e de Print Done f. urse 1 g h

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