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Trinkle Co., Inc. made several purchases of long-term assets in Year 1. The details of each purchase are presented here. New Office Equipment 1. List

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Trinkle Co., Inc. made several purchases of long-term assets in Year 1. The details of each purchase are presented here. New Office Equipment 1. List price $60.000; terms 2/0 n/30, paid within discount period 2. Transportation-in: $1,500 3. Installation: $2,500 4. Cost to repair damage during unloading $650 5. Routine maintenance cost after six months $350 Basket Purchase of Copler, Computer and Scanner for $30,000 with Fair Market Values 1. Copier $22.000 2 Computer, $10,000 3. Scanner, $8.000 Land for New Warehouse with an Old Building Torn Down 1. Purchase price, $250,000 2. Demolition of building: 518,000 3. Lumber sold from old building. $6,000 4. Grading in preparation for new building, $22.000 5. Construction of new building, $510,000 In each of these cases, determine the amount of cost to be capitalized in the asset accounts. Office equipment: Assut Allocated costs Office equipment Basket purchase Asset Allocated Costs Copier Computer Scanner Total Land and building: Asset Allocated Costs Cost of land Construction costs Total cost $ 0

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