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Questions 1-10 with 10 points each, Questions 11-14, Extra Credit with 5 points each 4. On January 10, 2018, Doc Co. replaced its old boiler.

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Questions 1-10 with 10 points each, Questions 11-14, Extra Credit with 5 points each 4. On January 10, 2018, Doc Co. replaced its old boiler. The following information was available on that date: Book amount of old boiler Fair value of old boiler and sold for Purchase and installation price of new boiler Cost of delivery $10,000 3,000 $55,000 5,000 What amount should Doc Co. capitalize as the cost of the new boiler

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