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Bramble Corp. purchased land as a factory site for $1305000. Bramble paid $121000 to tear down two buildings on the land. Salvage was sold for

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Bramble Corp. purchased land as a factory site for $1305000. Bramble paid $121000 to tear down two buildings on the land. Salvage was sold for $8400. Legal fees of $5340 were paid for title investigation and making the purchase. Architect's fees were $47000. Title insurance cost $3900, and liability insurance during construction cost $4200. Excavation cost $15480. The contractor was paid $4400000. An assessment made by the eity for pavement was $9900. Interest costs during construction were $251000 The cost of the buliding that should be recorded by Bramble Corp. is $4405700. $4420700. $4717680. $4406780 In an exchange that had commercial substance, Bonita Company traded production equipment for anewer model and gave $5000 cash. The original machine had a cost $1225000, a book value of $989000 and a fair value of $1062000. The journal entry to record this transaction on Bonita's books is: On March 1, 2025, Sheridan Dog Treat Company purchased a new conveyor component to be attached to its dog bone production line. The cost of this component was $108000. Sheridan also incurred $18000 of installation costs and $13000 of costs to rearrange the production line. By adding this component, Sheridan estimates production of its dog bones will increase by 30%, although the life of the production line was not extended. What amount of these costs should be capitalized? $108000 50 $139000 $126000 Equipment that cost $175000 on Jamuary 1,2025 was disposed of for $25000 in cash. The accumulated depreciation at the time of the sale was 5155000 . The entry to record the sale would incitide 3 Gredit to Accumalated Depreciation of $155000. eredit toGakion sale of Plant Awwets of $5000. debit to lons on sale of Plant Assetrof s20000. credit to the Equipment account of 520000

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