Floyd Company made several purchases of long-term assets in 2016. The details of each purchase are presented here.

New Office Equipment

1. List price: $50,000; terms: 1/10 n/30; paid within the discount period.

2. Transportation-in: $1,200.

3. Installation: $1,000.

4. Cost to repair damage during unloading: $700.

5. Routine maintenance cost after eight months: $240.

Basket Purchase of Office Furniture, Copier, Computers, and Laser Printers for $70,000 with Fair Market Values

1. Office furniture, $48,000.

2. Copier, $12,000.

3. Computers and printers, $20,000.

Land for New Headquarters with Old Barn Torn Down

1. Purchase price, $100,000.

2. Demolition of barn, $7,000.

3. Lumber sold from old barn, $2,000.

4. Grading in preparation for new building, $11,000.

5. Construction of new building, $310,000.

Required

In each of these cases, determine the amount of cost to be capitalized in the asset accounts.