5.

xercise 6-15A (Algo) Distinguishing between maintenance cost and capital expenditures LO 6-7 Bir's Wrecker Service has just completed a minor repair on a tow truck. The repair cost was $960, and the book value prior to the epair was $5,300. In addition, the company spent $9,000 to replace the roof on a building. The new roof extended the life of the suliding by five years. Prior to the roof replacement, the general ledger reflected the Building account at $85,100 and related Accumulated Depreciation account at $40,100. Required After the work was completed, what book value should appear on the balance sheet for the tow truck and the building