Required information (The following information applies to the questions displayed below) Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,425,000. Harding paid $350,000 and issued a note payable for the remainder of the cost an appraisal of the property reported the following values: Land, $370,000, Building. $1,100,000 and Equipment. $730,000. (Round percentages to two decimal places: le .054 -5%). What value will be recorded for the building? Multiple Choice $175.000 [The following information applies to the questions displayed below! Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,425,000. Harding paid $350,000 and issued a note payable for the remainder of the cost . An appraisal of the property reported the following values: Land, $370,000; Building. $1,100,000 and Equipment, $730,000 (Round percentages to two decimal places: ie.054 -5%). Assume that Harding uses the units of production method when depreciating its equipment. Harding estimates that the purchased equipment will produce 1050,000 units over its 5-year useful life and has a salvage value of $17,000. Harding produced 270,000 units with the equipment by the end of the first year of purchase. Which amount below is closest to the amount Harding will record for depreciation expense for the equipment in the first year? Multiple Choice $187.714 Chico Company paid $630,000 for a basket purchase that included office furniture, a building and land. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately: Office furniture, $175,000; Building, $530,000, and Land, $145,000. Based on this information, what's the cost that should be allocated to the office furniture? (Round your intermediate percentages to four decimal places: le 054231 -5.42%) Multiple Choice $175.000