At the beginning of the year, Oakmont Company bought three used machines from American Manufacturing, Inc. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts.

Machine A Machine B Machine C Amount paid for asset $20,800 11,300 $11 000 500 900 400 Installation costs 700 800 300 Renovation costs prior to use Repairs after production 680 620 2.100 began By the end of the first year, each machine had been operating 4,000 hours. Required: 1. Compute the cost of each machine. Cost of Machine Machine A Machine B Machine C