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Pierce Fumiture purchased land, paying $90,000 cash and signing a $250,000 note payable. In addition, Pierce paid delinquent property tax of $1,500, 1e insurance costing

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Pierce Fumiture purchased land, paying $90,000 cash and signing a $250,000 note payable. In addition, Pierce paid delinquent property tax of $1,500, 1e insurance costing $2,000, and $9,000 to level the land and remove an unwanted building The company then constructed an office building at a cost of $400,000. It also paid $53,000 for a fence around the property $19,000 for a sign near the entrance, and $7,000 for special lighting of the grounds Read theeuirements Requirement 1. Determine the cost of the land, land improvements, and building The cost of the land is S The total cost of the land improvements is The cost of the bulding is n.. Requirement 2. Which of these assets will Pieroe depreciate Plerce will depreciat Emter any number in the edt feds and then continue to the net queston Run sorigt ese4 Macbook Au % # 5 6 7 8 dels W E T P D F G H J K C M V B N glt mmand command option C R S 4

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