please answer all requirements 1-3

The bulding was completed June 30,2021 . Cheng's depreciates the bulding using the straight Ine method over 35 yeses, with ostmated residual value of $334, 000. Rasd the Requirement 1. Journalize transactions for the following (explanations are not required): a. Purchate of the land, b. All the costs chargeabie to the buifing in a singie enery, and e. Deprecision on the bulding for 2021 . (Record debits first then credits. Exdlude oxplanations from any [oumal entries) a. Journaize the putchase of the land. Requirements 1. Journalize transactions for the following (explanations are not required): a. Purchase of the land b. All thie costs chargeable to the building in a single entry c. Depreciation on the building for 2021 2. Report Cheng's plant assets on the company's balance sheet at December 31, 2021 . 3. What will Cheng's income statement for the year ended December 31, 2021, report for these facts