please complete 1, 2, and 3 (i took multiple photos of 3 so you can see all of the information given) please fill in information

Required information [The following information applies to the questions displayed below.] On January 1, Mitzu Company pays a lump-sum amount of $2,650,000 for land, Building 1 , Building 2, and Land Improvements 1. Building 1 has no value and will be demolished. Building 2 will be an office and is appraised at $823,500, with a useful life of 20 years and a $70,000 salvage value. Land Improvements 1 is valued at $305,000 and is expected to last another 10 years with no salvage value. The land is valued at $1,921,500. The company also incurs the following additional costs. Cost to demolish Building, 1 Cost of additional land grading Cost to construct Bullding 3 , having a useful 1 fe of 25 years and a $400,000 salvage value Cost of new Land Improvements 2, having a 20-year useful 1 ife and no salvage value 342,400189,4002,242,000173,000 Required: 1. Allocate the costs incurred by Mitzu to the appropriate colthins and total each column. 1. Allocate the costs incurred by Mitzu to the appropriate colhinns and total each column. 2. Prepare a single journal entry to record all the incurred costs assuming they are paid in cash on January 3. Using the straight-line method, prepare the December 31 adjusting entries to record depreciation for the first year these assets were in use. Journal entry worksheet Record the year-end adyusting entiry for the depreciation expense of Buiding 2. Whites ENtry debls bedore credit. 3. Using the straight-line method, prepare the December 31 adjusting entries to first year these assets were in use. Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of Building 3. Note: Enter debits before credits. Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of Land Improvements 1. Note: Enter debits before credits: Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of Land Improvements 2. Note: Enter debits before credits