Equipment Repair: The company incurred and paid $6,500 for repairs to a piece of equipment in December.year 4. The repair replaced 25% of the equipment's outer shell. The repairs did not extend its remaining estimated useful life. the $6.500 rspalucost should be allocated with 3.000 capitalized and decreciated over the remaining Estimated useful life of the equipment and $3.500 expensed in year 4 Choose an option below Original text) The $6.500 repair cost should be expensed in year 4 Delete rext The 66.600 pair-cost showidence CThe $6.500 repair cost should be capitalized and depreciated over the remaining estimated useful life of the equipment Othe $6.500 repair cost should be allocated with $1,625 capitalized and depreciated over the remaining estimated useful life of the equipment and $4.875 expensed in year 4 The $6.500 repair cost should be allocated with $3,000 capitalized and depreciated over the remaining estimated useful life of the equipment and $3.500 expensed in year 4. A Assets Under Construction: uring the year ended December 31, year 4, the company paid $5 340 000 for assets under construction projects. On June 30, year 4 the construction of an asset was completed and the asset was transferred into the manufacturing equipment account. (Original text. The manufacturing equipment should be depreciated over three years with depreciation expense of $1.000.000 recognized in year 4.37 C[Delete text] The manufacturing equipment should be depreciated over three years with depreciation expense of $1.000.000-recognised in year OThe manufacturing equipment should be depreciated over six years, with depreciation expense of $500,000 recognized in year 4. The manufacturing equipment should be depreciated over six years, with depreciation expense of $445 000 recognized in year 4. OThe manufacturing equipment should be depreciated over six years, with depreciation expense of $1,000,000 recognized in year 4. The manufacturing equipment should be depreciated over six years with depreciation expens of $890,000 recognized in year 4. The manufacturing equipment should be depreciated over three years, with depreciation expense of $890,000 recognized in year 4. 12/11/ eru C 150.000 Deprecationen A dupection 3510 150.00 Exhibit #2: Accounting Policy Pince Arundina. Policy - Property plant and facement Each date Polyurement This policy designed to describe the sposal of awes, and change nes to recording new and existing PPE detition and classes Cape PPE as an economics of 12 monthshed thermal course of operation of forrested the cost of the time once $3.000 captation threshold) Expenditures to mare PPE repaid they find the unite of the PPE can be acquired through purchase donation or se Construction The company oth the following use of Land Buildings Future and futures Technology ement Manufacturing equipment Assets under construction Boeresponses Controller - Responsible forests and mang pro and adequate PPE Accounting system that tacitats accurate presentation the basements Astan Contor - Responsible for the proper mance of the PPE accounting system wuding score of leger appropriate caption of oration mit PPE acred with a contine 515 000 euronation by on the OFO and the controller PPE cred with a cost between 3000 15000 shot be honed by other the CFO or the contro PE with a cocon 3000 and 8 000 should be authorized by the CFO, the controller the controle Deprecio Depreciation is the location of the action cost of PPE or de Depreciation begins the month ton of the PE A to Deprecation is one in the year of option Land is not considered to be a deprecated because and the se valisely more than the cost Deprecation for each days of PPE is computed on as to Willing Tech Manufacturing woment Exhibit #3: Assets Under Construction Detail A 100 Under contre De Credit Teta bate Description 01/01/yeara Opening balance 120000 2000 230,000 500.000 LIKO 000 40.000 14000 XO COLOD 0.000 125,000 13.000 02/01/year anwent for capito protects 2 year Payment for copii pot 04/01/year 4 Payment is capri pret 05/05/et Petercaphe 05/year Transfer of facturingotto PPk 07/01/parent how capital protects repayment cap 09/07/year 4 Payment for cap al projects 10/04/ward Payment for cap 11/10/y wyrwater car 12/22/wear 4 Payment for capita proiecte 12/31 derefter 12/31/A con but 00 30,000 0445.000 200.000 1000 . 425.000 22.000 DO GLOCO