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Expenditure Amount Payment to ship the equipment to Hessenthaler's factory $4,000 Inspection costs to ensure the equipment is in working order $600 Sales taxes paid
Expenditure | Amount |
Payment to ship the equipment to Hessenthaler's factory | $4,000 |
Inspection costs to ensure the equipment is in working order | $600 |
Sales taxes paid on the equipment | $4,800 |
Interest on loans used to purchase the equipment | $9,600 |
Ordinary maintenance on the equipment | $200 |
Additions to the equipment to improve its efficiency | $8,000 |
What is the total dollar amount that should be capitalized on Hessenthaler's balance sheet for the historical cost of the equipment as of 12/31/2019?
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