Smart Hardware purchased new shelving for its store on April 1, 2011. The shelving is expected to have a 20-year life and no residual value. The following expenditures were associated with the purchase: PROBLEM 9.3A ssues Involving Alternative Depreciation Methods Sales taxes Installation of shelving Cost to repair shelf damaged during installation $12,000 520 780 .. 2,700 .. . . .. . . . . . . . . . . . . . .. 400 Smart Hardware purchased new shelving for its store on April 1, 2011. The shelving is expected to have a 20-year life and no residual value. The following expenditures were associated with the purchase: PROBLEM 9.3A ssues Involving Alternative Depreciation Methods Sales taxes Installation of shelving Cost to repair shelf damaged during installation $12,000 520 780 .. 2,700 .. . . .. . . . . . . . . . . . . . .. 400