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Sydney Lanes, a local bowling alley, installed automatic scorekeeping equipment. The electrical work required to prepare for the installation was $XXX The invoice price
Sydney Lanes, a local bowling alley, installed automatic scorekeeping equipment. The electrical work required to prepare for the installation was $XXX The invoice price of the equipment was SXXX. Additional costs were SXXX for delivery and SXXX for insurance during transportation. The company also paid $XXX in additional annual insurance premiums for the new equipment. During the installation, a component of the equipment was damaged because it was carelessly left on a lane and hit by the automatic lane cleaning machine. The cost of repairing the component was SXXX Which items should be included? 6 7 Electrical work Invoice price of the equipment Delivery $18,740 $179.260 $3,000 Insurance during transportation $600 10 Annual insurance premium $350 11 Repair cost $2,990 O 12 13 What is the cost that should be capitalized for the automatic scorekeeping equipment? Cel reference the amount from the column on the left to the right if it should be included. Sum the amounts in column E
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