Dick Gaines owns and operates Gaines Print Co. During February, Gaines Print Co. incurred the following costs (1-12 below) in acquiring two printing presses. One printing press was new, and the other was used by a business that recently filed for bankruptcy.

a. Indicate which costs incurred in acquiring the new printing press (1-6 below) should be debited to the asset account.

	Item	Debited to asset account
1.	Fee paid to factory representative for installation	SelectYesNoItem 1
2.	Freight	SelectYesNoItem 2
3.	Insurance while in transit	SelectYesNoItem 3
4.	New parts to replace those damaged in unloading	SelectYesNoItem 4
5.	Sales tax on purchase price	SelectYesNoItem 5
6.	Special foundation	SelectYesNoItem 6

b. Indicate which costs incurred in acquiring the used printing press (7-12 below) should be debited to the asset account.

	Item	Debited to asset account
7.	Fees paid to attorney to review purchase agreement	SelectYesNoItem 7
8.	Freight	SelectYesNoItem 8
9.	Installation	SelectYesNoItem 9
10.	Repair of damage incurred in reconditioning the press	SelectYesNoItem 10
11.	Replacement of worn-out parts	SelectYesNoItem 11
12.	Vandalism repairs during installation	SelectYesNo