On January 1, Mitzu Co. pays a lump-sum amount of $2,650,000 for land, Building 1, Building 2, and Land Improvements 1. Building 1 has no value and will be demolished. Building 2 will be an office and is appraised at $732,000, with a useful life of 20 years and a $70,000 salvage value. Land Improvements 1 is valued at $518,500 and is expected to last another 17 years with no salvage value. The land is valued at $1,799,500. The company also incurs the following additional costs.

Cost to demolish Building 1	$	347,400
Cost of additional land grading		189,400
Cost to construct Building 3, having a useful life of 25 years and a $402,000 salvage value		2,222,000
Cost of new Land Improvements 2 having a 20-year useful life and no salvage value		173,000
1)Record the year-end adjusting entry for the depreciation expense of Building 2 2)Record the year-end adjusting entry for the depreciation expense of Building 3 3)Record the year-end adjusting entry for the depreciation expense of Land Improvements 1. 4)Record the year-end adjusting entry for the depreciation expense of Land Improvements 2..