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: $40,000; terms: 2/10 n/30; paid within discount period.
2. Transportation-in: $830.
3. Installation: $440.
4. Cost to repair damage during unloading: $574.
5. Routine maintenance cost after six months: $110.

Basket Purchase of Copier, Computer, and Scanner for $53,500 with Fair Market Values

1. Copier, $26,404.
2. Computer, $11,592.
3. Scanner, $26,404.

Land for New Warehouse with an Old Building Torn Down

1. Purchase price, $77,000.
2. Demolition of building, $4,900.
3. Lumber sold from old building, $2,660.
4. Grading in preparation for new building, $6,200.
5. Construction of new building, $299,000.

Required In each of these cases, determine the amount of cost to be capitalized in the asset accounts. Office equipment:

Basket purchase:

Land and building: