1 Part 1 of 6 10 points Required information PB9-1 (Algo) Computing Acquisition Cost and Recording Depreciation under Three Alternative Methods [LO 9-2, LO 9-3) The following information applies to the questions displayed below) At the beginning of the year, Feliz Industries bought a shed, a machine, and a trailer The shed initially cost $21.200 but had to be renovated at a cost of $720. The shed was expected to last 7 years, with a residual value of $1,900. Repairs costing $540 were incurred at the end of the first year of use. The machine cost $11,700, and is estimated to have a total life of 40,000 hours and residual value of $900. The machine was actually used 2,000 hours in year 1 and 4,000 hours in year 2 The trailer cost $12.200 and was expected to last 4 years, with a residual value of $2,000 Book Print PB9-1 (Algo) Part 1 Required: 1. Compute the amount to be capitalized for the shed, Total cost