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The following in applies to the questions displayed below) In January 2017, Mitzu Co. pays $2.650,000 for a tract of land with two buildings on

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The following in applies to the questions displayed below) In January 2017, Mitzu Co. pays $2.650,000 for a tract of land with two buildings on it. It plans to demolish Building 1 and build a new store in its place. Building 2 will be a company office; it is appraised at $823,500, with a useful life of 20 years 193,430 168,833

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