an amount box does not require an entry, leave it blank. Jada Company had the following transactions during the year: - Purchased a machine for $500,000 using a long-term note to finance it - Paid $700 for ordinary repair - Purchased a patent for $44,000 cash - Paid $250,000 cash for addition to an existing building - Paid $55,000 for monthly salaries - Paid $300 for routine maintenance on equipment - Paid $12,000 for extraordinary repairs If all transactions were recorded properly, what amount did Jada capitalize for the year, and what amount did Jada expense for the year? Capitalized $ Expensed $