Ivanhoe Corp., a public company located in Manitoba, both purchases and constructs various pieces of machinery and equipment that it uses in its operations. The following items are for machinery that was purchased and a piece of equipment that was constructed during the 2023 fiscal year: Machinery. Cash paid for machinery, including sales tax of $10,500 and recoverable GST of $7,500 $168,000 Freight and insurance cost while in transit 2,810 Cost of moving machinery into place at factory 3,300 Wage cost for technicians to test machinery 4,300 Materials cost for testing 580 Insurance premium paid on the machinery for its first year of operation 1,500 Special plumbing fixtures required for new machinery 8,410 Repair cost on machinery incurred in first year of operations 1,100 Cash received from provincial government as incentive to purchase machinery 24.800 Equipment (Self-Constructed). Material and purchased parts (gross cost $224,000; failed to take 2% cash discount; the company uses the net method of recording purchases of material and parts) 27 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) Labour costs for manufacturing the equipment Overhead costs (fixed $20,000; variable $32,900) Profit on self-construction Cost of installing equipment Calculate the cost of the machinery and the cost of the equipment. (a) Cost of the machinery $ (b) Cost of the equipment