P7-67A (book/static) Question Help Becker Supply, Inc., opened an office in White Bear Lake, Minnesota. Becker incurred the following costs in acquiring and making and improvements, and constructing and furnishing the new sales building Click the boon to view the financial data) The company depreciates buildings over 30 years, and improvements over 15 years, and furniture over 12 years, all on a straight-line basis with residual values of zero Read the requirements Requirement 1. Identify the proper account (Land, Land Improvements, Sales Building Garage Building, or Furniture) for each of the costs listed in the problem. Calculate the total cost of each asset Start with them a through inextender items through and lastly calculate the total for each asset category. If a box is not used in the table leave the box amply, do not enter a vero Round percentages to two places when calculating proportions X.XXS) and use your computed percentages throughout. Round your final answers to the nearest whole dolar) Land Item Land Sales Building Improvements Garage Building Furniture b. Enter any number in the edit fields and then click Check Answer. Requirements 1. Identify the proper account (Land, Land Improvements, Sales Building, Garage Building, or Furniture) for each of the costs listed in the problem. Calculate the total cost of each asset. 2. All construction was complete and the assets were placed in service on April 2. Record depreciation for the year ended December 31. Round to the nearest dollar 3. Why would a manager need to understand the concepts covered in this problem? Print Done P7-67A (book/static) Question Help Becker Supply, Inc., opened an office in White Bear Lake, Minnesota. Becker incurred the following costs in acquiring and making and improvements, and constructing and furnishing the new sales building Click the boon to view the financial data) The company depreciates buildings over 30 years, and improvements over 15 years, and furniture over 12 years, all on a straight-line basis with residual values of zero Read the requirements Requirement 1. Identify the proper account (Land, Land Improvements, Sales Building Garage Building, or Furniture) for each of the costs listed in the problem. Calculate the total cost of each asset Start with them a through inextender items through and lastly calculate the total for each asset category. If a box is not used in the table leave the box amply, do not enter a vero Round percentages to two places when calculating proportions X.XXS) and use your computed percentages throughout. Round your final answers to the nearest whole dolar) Land Item Land Sales Building Improvements Garage Building Furniture b. Enter any number in the edit fields and then click Check Answer. Requirements 1. Identify the proper account (Land, Land Improvements, Sales Building, Garage Building, or Furniture) for each of the costs listed in the problem. Calculate the total cost of each asset. 2. All construction was complete and the assets were placed in service on April 2. Record depreciation for the year ended December 31. Round to the nearest dollar 3. Why would a manager need to understand the concepts covered in this problem? Print Done