Jada Company had the following transactions during the year: Purchased a machine for $500,000 using a long-term note to finance it Paid $600 for ordinary repair - Purchased a patent for $44,000 cash Paid $160,000 cash for addition to an existing building Paid $56,000 for monthly salaries Paid $300 for routine maintenance on equipment Paid $10,000 for extraordinary repairs If all transactions were recorded properly, what amount did Jada capitalize for the year, and what amount did Jada expense for the year? Capitalized Expensed Next