Ogden Furniture purchased and paying $70.000 cash and signing a $350,000 note payable. In addition Ogden paid delinquent property tax of $3,000 title Insurance costing $2,500 and $4,000 to level the land and remove an unwanted building The company then constructed an ofice building at a cost of $750,000. It also paid 546,000 for a fonce around the property, 511,000 for a sign near the entrance, and $9,000 for special lighting of the grounds. Requirement 1. Determine the cost of the land, and improvements and building The cost of the land is 5 The cost of the land improvements iss Requirements - X Theo of the buildings Requirement 2. Which of these en deprecate? Ogden will depreciate 1. Determine the cost of the land and improvements, and building 2. Which of these we will den deprecate? Print Done Type here to search o 2:25 PM 12/20 hop 2 100 DE 1 2 3 $ 4 delete 5 6 7 8 sor 9 0 De W E R T Y U o P ) [ s 7 D heme