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Jada Company had the following transactions during the year: Purchased a machine for $572,663 using a long-term note to finance it Paid $491 for ordinary
Jada Company had the following transactions during the year: Purchased a machine for $572,663 using a long-term note to finance it Paid $491 for ordinary repair Purchased a patent for $49,185 cash Paid $227,446 cash for addition to an existing building Paid $49,574 for monthly salaries Paid $228 for routine maintenance on equipment Paid $5,948 for extraordinary repairs If all transactions were recorded properly, what amount did Jada capitalize for the year
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