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Best Beauty Salon purchased land and a building for $6,000,000 on 1/1

Accounting

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Best Beauty Salon purchased land and a building for $6,000,000 on 1/1. The estimated fair market values of the land and building are $2,000,000 and $8,000,000, respectively. What amount should be recorded in the building account on 1/1? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc.. just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 D Question 15 4.75 pts KHS&R's Construction bought a truck on 1/1/at a cost of $34,000, an estimated salvage (residual) value of $5,000, and an estimated useful life of 4 years. The truck is being depreciated on a straight-line basis. At the end of year 3, what amount will be reported for accumulated depreciation? Fill in the blank with your calculated number. DO NOT include commas. S signs, period, decimal points, etc.. just enter the raw number Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only Input: 24123