Holland Flour Mills purchased new equipment and made the following expenditures:

Purchase price	$ 65,000
Sales tax	5,500
Shipment of equipment	900
Insurance on the equipment for the first year	600
Installation of equipment	1,800

Required:

Record the expenditures. All expenditures were paid in cash. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)