On January 1, Mitzu Company pays a lump-sum amount of $2,750,000for land, Building 1, Building 2, and Land Improvements 1. Building1 has no value and will be demolished. Building 2 will be an office Required information [The following information applies to the questions displayed below.] On January 1, Mitzu Company pays a lump-sum amount of \( \$ 2,750,000 \) for land, Building 1, Building 2, an 2 answers