pls do both picture there are different

Required information [The following information applies to the questions displayed below] On January 1, Mitzu Company pays a lump-sum amount of $2,600,000 for land, Building 1, Building 2, and Land Improvements 1. Bullding 1 has no value and will be demolished. Building 2 will be an office and is appraised at $644,000, with a useful life of 20 years and a $60,000 salvage value. Land improvements 1 is valued at $420,000 and is expected to last another 12 years with no salvage value. The land is valued at $1,736,000. The company also incurs the following additional costs. Cost to demolish Building 1 cost of additional land grading cost to construct Building 3, having a useful life of 25 years and a $392,000 salvage value 2,202,800 cost of new Land Improvements 2, having a 20 -year useful life and no satvage value Prepare a single journal entry to record all the incurred costs assuming they are paid in cash on January 1. [The following information applies to the questions displayed below] On January 1, Mitzu Company pays a lump-sum amount of $2,600,000 for land, Building 1, Building 2, and Land Improvements 1. Bullding 1 has no value and will be demolished. Building 2 will be an office and is appraised at $644,000. with a useful life of 20 years and a $60,000 salvage value. Land improvements 1 is valued at $420,000 and is expected to last another 12 years with no salvage value. The land is valued at $1,736,000. The company also incurs the following additional costs. Cost to denolish Building 1 cost of additional land grading Cost to construct Building 3, having a useful life of 25 years and a 5392,003 satvage vatue 2,202,000 Cost of new Land Inprovenents 2, having a 28 -year useful life and no satvage vatue 164 , eag Using the straight-line method, prepare the December 31 adjusting entries to record depreciation for the first year these assets were Journal entry worksheet 4 Record the year-end adjusting entry for the depreciation expense of Building 2. Nate: Enter debits before credts