Smart Corporation purchased an equipment with a price of $80,000 on January 2, 20x8. The other amounts below are related to the equipment purchase.

1. Freight costs of $4,000 were incurred.
2. A pollution-control device was installed on the equipment at a cost of $4,200.
3. Architect's fees of $2,000 were paid to redesign the work space to accommodate the new equipment.
4. Smart purchased a one-year liability insurance for $2,000.
5. Smart financed the purchase with a bank loan. Interest of $3,000 was paid on the loan during 2018.

1. Determine the total capital expenditure related to the equipment in 20x8.
2. Determine the total revenue expenditure related to the equipment in 20x8.