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Amigos, Inc.. purchased a used piece of heavy equipment for $30.000. Delivery of the equipment to Amigos's business site cost $750. Expenditures to recondition the
Amigos, Inc.. purchased a used piece of heavy equipment for $30.000. Delivery of the equipment to Amigos's business site cost $750. Expenditures to recondition the equipment and prepare it for use totaled $2.230. The maintenance for the first year Amigos owned the equipment was $1,370. Determine the cost that is the basis for calculating annual depreciation on the equipment. Total cost
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