Jose purchased a delivery van for his business through an online auction. His winning bid for the van was $25,500. In addition, Jose incurred the following expenses before using the van: shipping costs of $750, paint to match the other fleet vehicies at a cost of \$78; and an engine tune-up for $349 What is Jose's cost basis for the delivery van? Emily purchased a building to store inventory for her business. The purchase price was $600,000. Emily also paid legal fees of $560 to acquire the building. In March, Emily incurred $2,000 to repair minor leaks in the roof (from storm damage earlier in the month) and $4,100 to make the interior suitable for her finished goods. What is Emily's cost basis in the new building? In January. Prahbu purchased for $100,000 a new machine for use in an existing production line of his manufacturing business. Assume that the machine is a unit of property and is not a material of supply. Prahbu pays $4,075 to install the machine, and after the machine is installed, he pays $2,350 to perform a critical test on the machine to ensure that it will operate in accordance with quality standards. On November 1, the critical tt is complete, and Prahbu places the machine in service on the production line. On December 3. Prahbu pays another $5,400 to perform periodic quality control testing after the machine is placed in service How much will Prahbu be required to capitalize as the cost of the machine