On July 1,2025 Splish Senior Living completed the installation of a solar panel system at their location. The purchase price of the system was $250000 and the installation cost amounted to $84000. How should Splish treat this installation? 1. Record a building improvement of $334000 as a separate asset. 2. Increase the existing record cost of the building by $250000. 3. Increase the existing recorded cost of the building by $334000 4. Record a land improvement of $334000 as a separate asset