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please do requirement 2 and fill in the table q-additional fencing 6,700 Drive and Fly, near an airport, incurred the following costs to acquire land,

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q-additional fencing 6,700
Drive and Fly, near an airport, incurred the following costs to acquire land, Drive and Fly depreciates land improvements over 15 years, make land improvements, and construct and furnish a small building: buildings over 50 years, and fumiture over 8 years, all on a (Click the icon to view the financial data.) straight-line basis with zero residual value. Read the requirements. p. q. Totals Requirement 2. All construction was complete and the assets were placed in service on September 1. Record partial-year depreciation for the year ended December 31. Round to the nearest dollar. (Record a single compound joumal entry. Round all depreciation expense amounts to the nearest whole dollar. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Purchase price of three acres of land b. Delinquent real estate taxes on the land to be paid by Drive and Fly c. Additional dirt and earthmoving d. Title insurance on the land acquisition e. Fence around the boundary of the property f. Building permit for the building g. Architect's fee for the design of the building h. Signs near the front of the property I. Materials used to construct the building j. Labor to construct the building k. Interest cost on construction loan for the building I. Parking lots on the property m. Lights for the parking lots n. Salary of construction supervisor ( 80% to building; 20% to parking lot and concrete 80,000 walks) o. Furniture 11,200 p. Transportation of furniture from seller to the building 2,600

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