Exercise 5.19 Magpie Ltd uses many kinds of machines in its operations. It constructs some of these machines itself and acquires others from the manufacturers. The following information relates to two machines that it has recorded in the 2020-21 period. Machine A was acquired, and Machine B was constructed by Magpie Ltd itself. Machine A Cash paid for equipment, including GST of $6,500 $72,600 Costs of transporting machine insurance and transport 2,500 Labour costs of installation by expert fitter 4,100 Labour costs of testing equipment 3,300 Insurance costs for 2020-21 1,200 Costs of training for personnel who will use the machine 2,100 Costs of safety rails and platforms surrounding machine 4,900 Costs of water devices to keep machine cool 6,600 Costs of adjustments to machine during 2020-21 to make it operate more efficiently 6,200 Machine B Cost of material to construct machine, including GST of $5,700 62,700 Labour costs to construct machine 35,300 Allocated overhead costs electricity, factory space etc. 18,000 Allocated interest costs of financing machine 8,200 Costs of installation 9,800 Insurance for 2020-21 1,600 Profit saved by self-construction 12,300 Safety inspection costs prior to use 3,300 Determine the amount at which each of these machines should be recorded in the records of Magpie Ltd. Recorded cost of Machine A $ Recorded cost of Machine B $