Use the following table: $ 750,000 Big Sky Farms Partial Balance Sheet April 30, 2020 Property, plant and equipment: Land Building1 Less: Accumulated depreciation Equipment Less: Accumulated depreciation Total property, plant and equipment 165,000 $770,000 605,000 690,000 292,560 397,440 $1,312,440 The building was purchased on May 3, 2009, and is depreciated to the nearest whole month using the straight-line method. Depreciation is based on a 14-year life, after which it will be demolished and replaced with a new one. 2The equipment was purchased on November 3, 2017, and is depreciated to the nearest whole month using the double declining balance method. The total estimated useful life is 10 years with a residual value of $200,000. Required: 1. Calculate and record depreciation for the year just ended April 30, 2021, for both the building and equipment. View transaction list Required: 1. Calculate and record depreciation for the year just ended April 30, 2021, for both the building and equipment. View transaction list Journal entry worksheet ? 1 2 Record the depreciation for the building, for the year ended April 30, 2021 Note: Enter debits before credits Debit Credit General Journal Date Apr 30, 2021 View general journal Record entry Clear entry 2. Prepare the property, plant, and equipment section of the balance sheet at April 30, 2021. (Enter all amounts as positive values.) BIG SKY FARMS Partial Balance Sheet April 30, 2021 Property, plant and equipment Land Building Equipment Total property, plant and equipment