Calculating Repair and Maintenance Expense The Watertown Cement Company made the following expenditures relating to its plant and equipment: Overhauled several machines at an aggregate cost of $315,000 to improve the efficiency of the equipment over its remaining useful life. Replaced a broken driveshaft on a forklift at a cost of $34,000. Completed regularly scheduled repairs at a cost of $89,000. Installed a foam roof on the plant over the existing, but leaking, flat-rolled roof at a cost of $410,000. What amount should be expensed as repairs and maintenance? $ 0