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Required information [ The following information applies to the questions displayed below. ] At the beginning of the year, Plummer's Sports Center bought three used

Required information
[The following information applies to the questions displayed below.]
At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Primo
Fitness, an established supplier of used, new and refurbished gym equipment in Southern California. The
machines immediately were overhauled and started operating. The machines were different; therefore, each
had to be recorded separately in the accounts.
By the end of the first year, each machine had been operating 4,800 hours.
Required:
Compute the cost of each machine.
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