Equipment (Self-Constructed)
Material and purchased parts (gross cost $202,000; failed to take 2% cash discount; the company uses the net method of recording purchases of material and parts)		$202,000
Imputed interest on funds used during construction (Note: The company has no borrowing costs but it has calculated imputed interest on its equity/ share financing)		14,400
Labour costs for manufacturing the equipment		191,000
Overhead costs (fixed $19,300; variable $29,600)		48,900
Profit on self-construction		29,700
Cost of installing equipment		4,200

Calculate the cost of the machinery and the cost of the equipment.

(a)
(b)		Cost of the equipment		$enter a dollar amount