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Requlred Information P 8 - 3 ( Algo ) Computing the Acqulsition Cost and Recording Depreciation under Three Alternatlve Methods LO 8 - 2 ,

Requlred Information
P8-3(Algo) Computing the Acqulsition Cost and Recording Depreciation under Three Alternatlve
Methods LO8-2,8-3
[The following information applies to the questions clisplayed 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 4,900 hours.
P8-3 Part 1
Requlred:
Compute the cost of each machine.
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