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At the beginning of the year, Grillo Industries bought three used machines from Freeman Incorporated. The machines immediately were overhauled, installed, and started operating. Because

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At the beginning of the year, Grillo Industries bought three used machines from Freeman Incorporated. The machines immediately were overhauled, installed, and started operating. Because the machines were different, each was recorded separately in the accounts Machine A Machine B Machine C Cost of the asset Installation costs Renovation costs prior to use Repairs after production began $9,000 $38,200 $22,000 1,200 2.200 700 800 600 500 2,100 1,700 600 By the end of the first year, each machine had been operating 8,000 hours. Required 1 omue the cost df ach machine. Cost o

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