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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: $44,200; terms: 2/10 n/30; paid within discount period. 2. Transportation-in: $800. 3. Installation: $410. 4. Cost to repair damage during unloading: $650. 5. Routine maintenance cost after six months: $220. Basket Purchase of Copier, Computer, and Scanner for $50,100 with Fair Market Values 1. Copier, $21,744 2. Computer, $7,248. 3. Scanner, $31.408. Land for New Warehouse with an Old Building Tom Down 1. Purchase price, $81,500. 2. Demolition of building. $5,180 3. Lumber sold from old building, $2,630. 4. Grading in preparation for new building, $9,400. 5. Construction of new building. $239,000. Required In each of these cases, determine the amount of cost to be capitalized in the asset accounts. Office equipment Allocated Costs Asset Office equipment Basket purchase: Asset Allocated Costs Copier Computer Scanner Total $ 0 Land and building: Asset Allocated Costs Cost of land Construction costs Total cost $ 0

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