what's missing from the assignment in order to answer the question?

Book Store, Inc., opened an office in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and constructing and furnishing the new sales bullding: (Click the icon to view the financial data.) The company depreciates buldings over 50 years, land improvements over 15 years, and furniture over 12 yoars, all on a straight-line basis with residual values of zero. Read the cecuiroments. Requirement 1. Identify the proper account (Land, Land improvoments. Sales Building, Garage Building, or Furniture) for each of the costs listed in the problem. Calculate the total cost of each asset. Start with thems a through i, next, enter items j through q, and lastly calculate the totals for each asset category. (If an input field is not used in the table leave the field emply, do not enter a zero. Round percentages to two places when calculating proportions (XXXY), and use your computed percentages throughout. Round your final anewors to the nearest whole dolar.) Book Store, Inc., opened an office in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and o furnishing the new sales bulding: (Click the icon to view the financial data.) The company depreciates buildings over 50 years, land improvements over 15 years, and furniture over 12 years, all on a straight-line basis with residual v Read the requirements. Book Store, Inc., opened an office in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and construc furnishing the new sales building: (Click the icon to view the financial data.) The company depreciates buldings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values o Read the reguirements. Book Store, Inc., opened an office in Apple Valley, Minnesota. Book Store incurred the foliowing costs in acquiring land, making land improvements, and constructing and furnishing the new sales bullding: (Click the icon to view the financial data.) The company depreciates buldings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values of zero. Read the requiroments, Requirement 2. All construction was complete and the Bssets were placed in service on April 2. Record depreciation for the year ended December 31. Round to the nearest dollar, (Record debits first, then credits. Exclude explanations from joumal entries. Do not round intermediary calculations Only round the amount you input in the cell to the nearest dollar.) Start by recording the depreciation on the land improvements. furnishing the new sales building: (Click the icon to view the financial data.) The company depreciates buildings over 50 years, land improvements over 15 years, and furniture over 12 years, all on a straight-line basis with residual values o Read the requirements. Next, record the sales building depreciation expense. Now record the garage building depreciation expense. Book Store, Inc., opened an otfice in Apple Valley. Minnesota. Book Store incurred the following costs in acquiring land, making land improvernents, and constructing furnishing the new sales bulding: (Click the icon to view the linancial data.) The company depreciates buildings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-ine basis with residual values of Read the requirements. Now record the garage bullding depreciation expense. Finish by recording the furniture depreciation expense. fumishing the new sales buiiding: (Click the icon to view the financial data.) The company depreciates buildings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values of zero. Read the reguirements. Finish by recording the furniture depreciation expense. Requirement 3. Why would a manager need to understand the concepts covered in this problem? This problem shows how to determine the cost of a assot. It also demonstrates the computabion of for a variety of those assete, which affects Because virtually all businesses use these assets, a manager needs to understand how those assets' cests and computations are determined. Managers need to understand the meaning, components, and computation of because often their performance is measured by this amount. Finish by recording the furniture depreciation expense. Requirement 3. Why would a manager need to understand the concepts covered in this problem? This problem shows how to determine the cost of a asset. It also temonstrates the computation of for a variety of those ass Because virtually all businesses us lanager needs to understand how those assets' costs and computations are d need to understand the meaning, components, and because often their performance is measured by this amount. current Book Store, Inc, opened an otfice in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and constructing anc furnishing the new sales bulding: (Click the icon to view the financial data.) The company depreciates builings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values of zero. Read the ceguirempons. Finish by recording the fumiture depreciation expense. depreciation revenue kequirement 3. Why would a manager need to understand the concepts covered in this problem? useful life This problem shows bow to determine the cost of a asset. It also demonstrates the computation of for a varioty of those assets, which affects Bocause viftualy al businesses use these assets, a manager needs to understand how those assets' costs and computations are need to undertiand the meanimg, components, and computation of because often their performance is measured by this amount. Book Store, Inc., opened an office in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and constructing anc furnishing the new sales bullding: (Click the icon to view the financlal data.) The company depreciates buildings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values of zero. Read the reauirements. Finish by recording the fumiture depreciation expense. Id a manager need to understand the concepts covered in this problem? total liabilities Io determine the cost of a asset. It also demonstrates the computation of for a variety of those assets, which atfects Because virtually all businesses use these assets, a managor needs to understand how those assets' costs and computations are determined. Managers need to understand the meaning, components, and computation of because often their performance is measured by this amount. Book Store, Inc., opened an oflice in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and constructing an furmishing the new sales bullding: IClick the icon to view the financial data.) The company depreciates buildings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values of zero. Read the tenaitemerits. Firisti by recording the furniture depreciation expense Ths problem thows how to delerime the cost of a asset. fotal liabilites computation of need to inderstand the mearing. oomsonaria, and computation of irstand how those assets' costs and computations are determined. Managers because often their performance is measured by this amount. Data table I on a straight-line basis with residual valu ve) for each of the costs listed in the proble h input field is not used in the table leave gur computed percentages throughout. Ric Tond, making land improvements, and const I on a straight-line basis with residual value e) for each of the costs listed in the problem input field is not used in the table lewe the bur computed percentages throughout, Roun all on a straight-line Requirements 1. Identify the proper account (Land, Land Improvements, Sales Building. Garage Building, or Furniture) for each of the costs listed in the problem. Calculate the total cost of each asset. 2. All construction was complete and the assets were placed in service on April 2. Record depreciation for the year ended December 31 . Round to the nearest dollar. 3. Why would a manager need to understand the concepts covered in this problem? Book Store, Inc., opened an office in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and constructing and furnishing the new sales bullding: (Click the icon to view the financial data.) The company depreciates buldings over 50 years, land improvements over 15 years, and furniture over 12 yoars, all on a straight-line basis with residual values of zero. Read the cecuiroments. Requirement 1. Identify the proper account (Land, Land improvoments. Sales Building, Garage Building, or Furniture) for each of the costs listed in the problem. Calculate the total cost of each asset. Start with thems a through i, next, enter items j through q, and lastly calculate the totals for each asset category. (If an input field is not used in the table leave the field emply, do not enter a zero. Round percentages to two places when calculating proportions (XXXY), and use your computed percentages throughout. Round your final anewors to the nearest whole dolar.) Book Store, Inc., opened an office in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and o furnishing the new sales bulding: (Click the icon to view the financial data.) The company depreciates buildings over 50 years, land improvements over 15 years, and furniture over 12 years, all on a straight-line basis with residual v Read the requirements. Book Store, Inc., opened an office in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and construc furnishing the new sales building: (Click the icon to view the financial data.) The company depreciates buldings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values o Read the reguirements. Book Store, Inc., opened an office in Apple Valley, Minnesota. Book Store incurred the foliowing costs in acquiring land, making land improvements, and constructing and furnishing the new sales bullding: (Click the icon to view the financial data.) The company depreciates buldings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values of zero. Read the requiroments, Requirement 2. All construction was complete and the Bssets were placed in service on April 2. Record depreciation for the year ended December 31. Round to the nearest dollar, (Record debits first, then credits. Exclude explanations from joumal entries. Do not round intermediary calculations Only round the amount you input in the cell to the nearest dollar.) Start by recording the depreciation on the land improvements. furnishing the new sales building: (Click the icon to view the financial data.) The company depreciates buildings over 50 years, land improvements over 15 years, and furniture over 12 years, all on a straight-line basis with residual values o Read the requirements. Next, record the sales building depreciation expense. Now record the garage building depreciation expense. Book Store, Inc., opened an otfice in Apple Valley. Minnesota. Book Store incurred the following costs in acquiring land, making land improvernents, and constructing furnishing the new sales bulding: (Click the icon to view the linancial data.) The company depreciates buildings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-ine basis with residual values of Read the requirements. Now record the garage bullding depreciation expense. Finish by recording the furniture depreciation expense. fumishing the new sales buiiding: (Click the icon to view the financial data.) The company depreciates buildings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values of zero. Read the reguirements. Finish by recording the furniture depreciation expense. Requirement 3. Why would a manager need to understand the concepts covered in this problem? This problem shows how to determine the cost of a assot. It also demonstrates the computabion of for a variety of those assete, which affects Because virtually all businesses use these assets, a manager needs to understand how those assets' cests and computations are determined. Managers need to understand the meaning, components, and computation of because often their performance is measured by this amount. Finish by recording the furniture depreciation expense. Requirement 3. Why would a manager need to understand the concepts covered in this problem? This problem shows how to determine the cost of a asset. It also temonstrates the computation of for a variety of those ass Because virtually all businesses us lanager needs to understand how those assets' costs and computations are d need to understand the meaning, components, and because often their performance is measured by this amount. current Book Store, Inc, opened an otfice in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and constructing anc furnishing the new sales bulding: (Click the icon to view the financial data.) The company depreciates builings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values of zero. Read the ceguirempons. Finish by recording the fumiture depreciation expense. depreciation revenue kequirement 3. Why would a manager need to understand the concepts covered in this problem? useful life This problem shows bow to determine the cost of a asset. It also demonstrates the computation of for a varioty of those assets, which affects Bocause viftualy al businesses use these assets, a manager needs to understand how those assets' costs and computations are need to undertiand the meanimg, components, and computation of because often their performance is measured by this amount. Book Store, Inc., opened an office in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and constructing anc furnishing the new sales bullding: (Click the icon to view the financlal data.) The company depreciates buildings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values of zero. Read the reauirements. Finish by recording the fumiture depreciation expense. Id a manager need to understand the concepts covered in this problem? total liabilities Io determine the cost of a asset. It also demonstrates the computation of for a variety of those assets, which atfects Because virtually all businesses use these assets, a managor needs to understand how those assets' costs and computations are determined. Managers need to understand the meaning, components, and computation of because often their performance is measured by this amount. Book Store, Inc., opened an oflice in Apple Valley, Minnesota. Book Store incurred the following costs in acquiring land, making land improvements, and constructing an furmishing the new sales bullding: IClick the icon to view the financial data.) The company depreciates buildings over 50 years, land improvements over 15 years, and fumiture over 12 years, all on a straight-line basis with residual values of zero. Read the tenaitemerits. Firisti by recording the furniture depreciation expense Ths problem thows how to delerime the cost of a asset. fotal liabilites computation of need to inderstand the mearing. oomsonaria, and computation of irstand how those assets' costs and computations are determined. Managers because often their performance is measured by this amount. Data table I on a straight-line basis with residual valu ve) for each of the costs listed in the proble h input field is not used in the table leave gur computed percentages throughout. Ric Tond, making land improvements, and const I on a straight-line basis with residual value e) for each of the costs listed in the problem input field is not used in the table lewe the bur computed percentages throughout, Roun all on a straight-line Requirements 1. Identify the proper account (Land, Land Improvements, Sales Building. Garage Building, or Furniture) for each of the costs listed in the problem. Calculate the total cost of each asset. 2. All construction was complete and the assets were placed in service on April 2. Record depreciation for the year ended December 31 . Round to the nearest dollar. 3. Why would a manager need to understand the concepts covered in this