Determine the amounts that the company should record in the Land and the Building accounts. 1:2A Great Harvest Bakery purchased bread ovens from New Morning Bakery. New Morming Bakery was closing its bakery business and sold its two-year-old ovens at a discount Determine the cost of equip 386 CHAPTER 7 Long-Term Assets Flip Side of P7-8A Actual use per year wa for $700,000. Great Harvest incurred and paid freight costs of $35,000, and its employees ran special electrical connections to the ovens at a cost of $5,000. Labor costs were 537800 Unfortunately, one of the ovens was damaged during installation, and repairs cost $4,000. Ce Harvest then consumed $900 of bread dough in testing the ovens, It installed safety guards in the ovens at a cost of $1,500 and placed the machines in operation Required: 1. Prepare a schedule showing the amount at which the ovens should be recorded in Great Harvest's Equipment account 2. Indicate where any amounts not included in the Equipment account should be recorded man local Prim