On March 31, 2020, Capital Investment Advisers peld $4,530,000 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 appraised at a value of $1,307,320. A lighted parking lot near Building 2 had improvements (Land Improvements 1) valued at $560,280. Without considering the buildings or improvements, the tract of land was estimated to have a value of $2,801,400. Capital incurred the following additional costs: Cost to demolinh Building 1 Coat of addicional landscaping Cost to construct new building (Building 3) Coat of now and improvements near Building 2 (Land Improvements 21 691,160 220,020 2.472.000 253.800 Required: 1. Allocate the costs incurred by Capital to the appropriate columns and total each column Land Building 2 Building 3 Land Land Improvements 1 Improvements 2 Purchase price Demolition Landscaping Now building New Improvements Totals $ 0 $ 0$ 0 $