of ballet shoes, is experiencing a period of sustained growth. In an effort to expand its production capacity to meet the Increased demand for its product, the company recently made several acquisitions of plant and equipment. Rob Joffrey, newly hired in the position of fixed-asset accountant, requested that Danny Nolte, Brambler's controller, review the this nature was 10% Heightcosts of SJ97 and installation costs of SS40 were incurred in completing this are given below. Future value of an ordinary annuity for 4 periods Present value of $1 for 4 periods Present value of an ordinary annuity for 4 periods 4.64 0.68 values of the assees which are also presented 38,100 0.200 $170,500 78,000 124,000 $250,000 During lts fiscal year ended May 31, 2018, Bramble Incurred $8,790 for interest expense in connection with the financing of these assets. 3: On March 1, 2018, Bramble Company exchanged a number of used trucks plus sh for acant land adjacent to its plant site. The exchange has com eral substance.) Bramble Intends to use the land for a parking lot had a combined book value of $31,800, as Bramble had recorded $21,540 of accumulated depreciation against these assets. Bramble's purchasing agent, who has had previous dealings in market, Indicated that the trucks had a fair value of $44,750 at the time of the transaction. In addition to the trucks, Bramble Company paid $19,600 cash for the land. places, e.g. 1.25124 and final answers to O decimal places o.g. 58,971) 23,115 Transaction 2 Land 20