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The controlier for Cheyenne Geoup reviewed the following farge transactions this month for the compary: - Purchase of a forkhift to use in the warehouse

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The controlier for Cheyenne Geoup reviewed the following farge transactions this month for the compary: - Purchase of a forkhift to use in the warehouse $32,640 (g-year life, depreciated on a straight-line basis, recorded monthly). - Purchase of materials for use in the production of wheelbarrows (the company/s primary product) $119,000 (all was used in production this month, and all units produced were sold). - Recognized paytoll costs for this month's production, office, and administrative emplovees: $48,000 (one-third fos each category). - Irvestment in mutual funds (witheocess carh): $78,000. What dollar amount from these transactions would be recorded as an experse this month? What dollar amount would still be listed as an asset st the end of the month? (Round answers to 2 decimal ploces, e.3. 5.125.25.) Total expense-5 Total assets

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