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3 10 points Skipped At the beginning of the year, CCZ Corporation bought three used machines from Pequita Compression Incorporated. The machines immediately were
3 10 points Skipped At the beginning of the year, CCZ Corporation bought three used machines from Pequita Compression Incorporated. The machines immediately were overhauled, installed, and started operating. Because the machines were different from each other, each was recorded separately in the accounts. Cost of the asset Installation costs Renovation costs prior to use Repairs after production began Machine A $10,200 Machine B $35,700 Machine C $23,000 1,700 2,200 700 1,500 900 1,700 600 500 800 By the end of the first year, each machine had been operating 8,000 hours. Required: eBook 1-a. Compute the cost of each machine. Print A Machine B C Total $ 0 Total cost References 1-b. Which of the following should be capitalized? (Select all that apply.) Renovation costs Installation costs Purchase costs Repair cost Depreciation costs
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