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At the beginning of the year, Plummers Sports Center bought three used fitness machines from Advantage, Inc. The machines immediately were overhauled, installed, and started

At the beginning of the year, Plummers Sports Center bought three used fitness machines from Advantage, Inc. The machines immediately were overhauled, installed, and started operating. The machines were different; therefore, each had to be recorded separately in the accounts.

Machine A Machine B Machine C
Amount paid for asset $ 26,800 $ 37,000 $ 22,500
Installation costs 1,800 2,000 1,200
Renovation costs prior to use 3,700 1,200 2,400

By the end of the first year, each machine had been operating 6,300 hours.image text in transcribed
IThe following information applies to the questions displayed below. At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Advantage, Inc. The machines immediately were overhauled, installed, and started operating. The machines were different, therefore, each had to be recorded separately in the accounts. Machine A Machine B Machine C 1,200 Amount paid for asset Installation costs Renovation costs prior to use $26,800 37,000 $22,500 1800 2.000 3,700 1,200 2,400 By the end of the first year, each machine had been operating 6,300 hours. 5 value: Required information 10.00 points Required 1. Compute the cost of each machine. Total Cost Machine A Machine B Machine

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