Bill's Wrecker Service has just completed a minor repair on a tow truck. The repair cost was $910, and the book value prior to the epair was $4,970. In addition, the company spent $8,000 to replace the roof on a building. The new roof extended the life of the building by five years. Prior to the roof replacement, the company's accounts reflected the Building account at $85,100 and related Accumulated Depreciation account at $40,700. Required: After the work was completed, what book value should appear on the balance sheet for the tow truck and the building? Tow Truck Building Book Value

Bill's Wrecker Service has just completed a minor repair on a tow truck. The repair cost was $910, and the book value prior to the epair was $4,970. In addition, the company $ pent $8,000 to replace the roof on a building. The new roof extended the life of the uilding by five years. Prior to the roof replacement, the company's accounts reflected the Building account at $85,100 and related Accumulated Depreciation account at $40,700. Required: After the work was completed, what book value should appear op the balance sheet for the tow truck and the building