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Is my Acquisition cost of the equipment right? and idk to fund the dpereciable costs at the end expressed as a %. Blossom Company purchased

Is my Acquisition cost of the equipment right? and idk to fund the dpereciable costs at the end expressed as a %. image text in transcribed
Blossom Company purchased factory equipment with an invoice price of $81,900. Other costs incurred were freight costs, $1,040; installation wiring and foundation, $2,500; material and labor costs in testing equipment, $800; oil lubricants and supplies to be used with equipment, $680; fire insurance policy covering equipment, $1,710. The equipment is estimated to have a $6,000 salvage value at the end of its 8-year useful service life. Compute the acquisition cost of the equipment. Acquisition cost of the equipment $ 87850 (Round answer to 1 tdecimal place, e.g. 15.5%) If the straight-line method of depreciation was used, the annual rate applied to the depreciable cost would be %. Click if you would like to Show Work for this question: Qpen Show Work

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