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Financial Data Digital Warehousing incured the following costs in acouiring land and a bullong, makling...

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Accounting

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Financial Data Digital Warehousing incured the following costs in acouiring land and a bullong, makling land impcovements, and constructing and fumkshing the conpary's oflice bulling for its ovn use. (Click the icon to view the financial data.) Digital Warehousing amortizes bulidings over 30 years, land improvements over 25 years, and furniture over 8 years, all on a straightline basis with zero residual value. Required: 1. Show how to account tor each of Digital's costs by listing the cost under the correct acoount. Determine the total cost of each asset. 2. Assuming that all oonstruction was complete and the assets were placed in servise on Fetiruary 25 , record amortization tor the year ended Deoember 31. Round figures to the nearest dotar Requirement 1. Show how to account for each of Digtar's costs by listing the cost under the correct acoount. Determine the total cost of each asset. We will first do ltems a through I. then ltems j through q, and finally totalling the columns, (Hold all decimals in interim calculations. Round your final answers to the nearest whole dollar, Leave any unused cells blank.)

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