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A company puichased new equipment for 555,000 . The company paid cash for the equpment Other costs associated with the equipment were transportation costs. 51300 ; sales tas pad, 53,300 , and installation cost $2,000. The totol capitelized cost reponed for the equipment was: Mutsic Chose 355000 ssacos 150200 561690 A company incurred the following costs associated with the purchase of a plece of land that it will use to re-build an office building What is the total capitalized cost of the land? Multiple Choice $598,000 5577000 $579700 5600700 Kansas Einterpnises purchased equipmeat for 572,000 on danuary 1, 2024. The equipment is expected to have a ten-year I ie. with a residuat value of 57050 at the end of ten years Using the double-decining balance method, the book value at December 31, 2025, would be: (Do not round your intermediate calculations) Mhipe Choise sin00 $7200 5+2.560 346 one