Due Sunday by 11:59pm Points 139 Submitting an external tool Available May 1 at 12am- Jul 5 at 11:59pm 2 months = Your grade has been recorded in the Gradebook. Mon, Jun 29, 2020, 11:01:51 AM (Asia/Nicosia +03:00) --/10 Question 2 View Policies Current Attempt in Progress Carla Vista Enterprises purchased equipment on March 15, 2018, for $74,890. The company also paid the following amounts: $520 for freight charges; $214 for insurance while the equipment was in transit; $1,823 for a one-year insurance policy; $2,085 to train employees to use the new equipment; and $2,536 for testing and installation. The equipment was ready for use on April 1, but the company did not start using it until May 1. Carla Vista has estimated the equipment will have a 10-year useful life with no residual value. It expects to consume the equipment's future economic benefits evenly over the useful life. The company has a December 31 year end. (a) Calculate the cost of the equipment. Cost of the equipment $ Save for Later Attempts: 0 of 3 used ver Question Part Score --/4 (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Question Part Score --/2 (c) The parts of this question must be completed in order. This part will be available when you complete the part above. Question Part Score --/2 (d) The parts of this question must be completed in order. This part will be available when you complete the part above. Question Part Score --/2 Your grade has been recorded in the Gradebook. Mon, Jun 29, 2020, 11:01:51 AM (Asia/Nicosia +03:00) Previous Next