Required information [The following information applies to the questions displayed below] On January 1, Mitzu Company pays a lump-sum amount of $2,600.000 for land, Bullding 1, Bulling 2. and Land Improvements 1. Building 1 has no volue and will be demolished. Bukling 2 will be an office and is appraised at 5644,000 , with a useful iffe of 20 years and a $60,000 solvage value. Land Improvements 1 is valued at $420,000 and is expected to last another 12 years with no salvage value. The land is valued at $1,736,000. The company also incurs the following additional costs Required: 1. Allocate the costs incurred by Mitzu to the appropriate columns and total each columin. Cost to construct Bulldine 3, having a useful life of 25 years and a 8392,090 salvage value Cost of now Land Inprovenents 2, havinit a 20 -year useful Hife and no salvage value 2,202,090164,000 Required: 1. Allocate the costs incurred by Mitzu to the appropriate columns and total each column