Lavallee self storage purchased land, paying $ 160 comma 000 cash as a down payment and signing a $ 145 comma 000 note payable for the balance. lavallee also had to pay delinquent property tax of $ 4 comma 000, title insurance costing $ 1 comma 500, and $ 3 comma 000 to level the land and remove an unwanted building. the company paid $ 60 comma 000 to add soil for the foundation and then constructed an office building at a cost of $ 1 comma 100 comma 000. it also paid $ 55 comma 000 for a fence around the property, $ 12 comma 000 for the company sign near the property entrance, and $ 2 comma 000 for lighting of the groundswhat is the capitalized cost of each of murphy’s land, land improvements, and building?

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31