#1) Indicate which of the following costs should be expensed when incurred.

a) $13,000 paid to rearrange and reinstall machinery.

b) $200,000 paid for addition to building.

(c) $200 paid for tune-up and oil change on delivery truck

(d) $7,000 paid to replace a wooden floor with a concrete floor

(e) $2,000 paid for a major overhaul on a truck, which extends the useful life.

#2) Columbia Company, which manufactures machine tools, had the following transactions related to plant assets in 2017. On June 2, 2017, Columbia purchased a stamping machine at a retail price of $12,000. Columbia paid 6% sales tax on this purchase. Columbia paid a contractor $2,800 for a specially wired platform for the machine, to ensure noninterrupted power to the machine. Columbia estimates the machine will have a 4-year useful life, with a salvage value of $2,000 at the end of 4 years.

At what amount should Columbia record the acquisition cost of the machine?

PLEASE SHOW ALL FORMULAS. EXPECIALLY QUESTION (2)