Please help me out with the practice question

Required information Problem 8-1A (Algo) Plant asset costs; depreciation methods LO C1, P1 [The following information applies to the questions displayed below] Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total cash price of $820,000. The estimated market values of the purchased assets are bulding. $465,000; land, $288,300; land improvements, $27,900; and four vehicles, $148,800. Problem 8-1A (Algo) Part 1-3 Required: -a. Allocate the lump-sum purchase price to the separate assets purchased. b. Prepare the journal entry to record the purchase. 2. Compute the first-year depreciation expense on the building using the straight-line method, assuming a 15 -year life and a $28,000 alvage value. 3. Compute the first-year depreciation expense on the land improvements assuming a five-year life and double-declining-balance lepreciation