4) capitalized as part of the cost of the land. Question 42 (2 points) On June 1, 2017. Kevin Co. purchased machinery, The machinery has an estimated useful life of nine years and an estimated residual value of $45,000. Kevin Co. uses straight-line depreciation for all their machinery, and recorded $77,000 depreciation expense for 2017. The acquisition cost of the machinery was 1) $1,431.000.00 2) $685.000.00 3) $1,233,000.00 4) 5738,000.00 Question 43 (1.5 points) Saved Foster Ltd. ordered and received goods in February, paid for them in March, sold thomandardonsmidi.customers in Maalusintheash basis of accountin