During 2018, lee's book store paid $ 273 comma 000 for land and built a store in columbus comma ohio. prior to construction, the city of columbus charged lee's $ 1 comma 300 for a building permit, which lee's paid. lee's also paid $ 15 comma 300 for architect's fees. the construction cost of $ 685 comma 000 was financed by a long-term note payable, with interest costs of $ 28 comma 220 paid at the completion of the project. the building was completed june 30, 2018. lee's depreciates the building using the straight-line method over 35 years, with estimated residual value of $ 336 comma 000journalize transactions for the following: a. purchase of the land b. all the costs chargeable to the building in a single entry c. depreciation on the building for 2016

At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.