Dobler Company purchased factory equipment with an invoice price of $89,000.

Other costs incurred were freight cost, $1,300; installation wiring and foundation,

$3,300; material and labor cost in testing equipment, $1,300; oil lubricants and

supplies to be used with equipment, $500; fire insurance policy covering

equipment, $3,200. The equipment is estimated to have a $8,900 salvage value at

the end of its 11-year useful service life