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At the beginning of the year, Dimitrius Affiliates bought a shed, a machine, and a trailer. The shed initially cost $ 2 1 , 0
At the beginning of the year, Dimitrius Affiliates bought a shed, a machine, and a trailer.
The shed initially cost $ but had to be renovated at a cost of $ The shed was expected to last years, with a residual value of $ Repairs costing $ were incurred at the end of the first year of use.
The machine cost $ and is estimated to have a total life of hours and residual value of $ The machine was actually used hours in year and hours in year
The trailer cost $ and was expected to last years, with a residual value of $
Required:
Compute the amount to be capitalized for the shed.
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