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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 $ 11,000 $ 30,000 $ 8,000
Installation costs 500 1,000 500
Renovation costs prior to use 2,500 1,000 1,500
By the end of the first year, each machine had been operating 4,800 hours.
Required:
1 Compute the cost of each machine.
Total Cost
Machine A $
Machine B $
Machine C $

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