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: $44,500; terms: 2/10 n/30; paid within discount period.
2. Transportation-in: $870.
3. Installation: $590.
4. Cost to repair damage during unloading: $583.
5. Routine maintenance cost after six months: $120.

Basket Purchase of Copier, Computer, and Scanner for $53,300 with Fair Market Values

1. Copier, $25,038.
2. Computer, $7,062.
3. Scanner, $32,100.

Land for New Warehouse with an Old Building Torn Down

1. Purchase price, $77,100.
2. Demolition of building, $4,920.
3. Lumber sold from old building, $1,900.
4. Grading in preparation for new building, $6,200.
5. Construction of new building, $254,000.

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: Allocated Costs Asset Cost of land Building Total cost $ 0