A company can not capitalize costs associated with a machine ___________.

A.

while it is being installed

B.

while it is being assembled

C.

during shipping

D.

after it is up and running

Kilmore Company bought a desk for

$700

and received a

3%

discount. The shipping charges were

$70,

and the company paid a handyman

$100

to assemble the desk. The cost of the furniture would be:

A.

$870

B.

$770

C.

$49

D. 849