On March 31, 2020. Capital Investment Advisers paid $4,570,000 for land with two buildings on it. The plan was to demolish Building 1 and build a new store (Building 3) in its place Building 2 was to be used as a company office and was approised at a value of $1074790. A lighted parking lot near Building 2 had improvements (Land improvements 1) valued at $607,490. Without considering the buildings or improvements, the tract of land was estimated to have a value of $2.990.720. Capital incurred the following additional costs Cost to demolish Building 1 Cost of additional landscaping Cost to construct new building (Building 3) Cost of new land leprovements near Building 2 (Land Improvements 2) $763, 160 272,620 2,476,000 254.620 Required: 1. Allocate the costs incurred by Capital to the appropriate columns and tool each column Land Building 2 Building 3 Land Land Improvements Improvements 2 Purchase price Demolition Landscaping New Buang Now improvements Total o 5 OS