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Trinkle Co., Inc., made several purchases of long-term assets in 2016. The details of each purchase are presented here. New Office Equipment 1.List price: $40,800;

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Trinkle Co., Inc., made several purchases of long-term assets in 2016. The details of each purchase are presented here.

New Office Equipment

1.List price: $40,800; terms: 2/10 n/30; paid within discount period.2.Transportation-in: $820.3.Installation: $520.4.Cost to repair damage during unloading: $654.5.Routine maintenance cost after six months: $240.

Basket Purchase of Copier, Computer, and Scanner for $52,500 with Fair Market Values

1.Copier, $24,648.2.Computer, $12,640.3.Scanner, $25,912.

Land for New Warehouse with an Old Building Torn Down

1.Purchase price, $82,500.2.Demolition of building, $5,330.3.Lumber sold from old building, $2,550.4.Grading in preparation for new building, $9,800.5.Construction of new building, $239,000.

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4. Grading in preparation for 5. Construction of new buildi new' buiiding, $9.800. ng, $239,000. In each of these cases, determine the amountoi cost to be capitalized in eamm Olce equipment: Basket purchase: ' C G) eztomheducationcom/hmtpx d. Determine the amount at depreciation expense for 2016 and 201? using MACRS, assuming that the machine is classified as seven-year property. [Round your answers to the nearest dollar amoun' MACRS table:

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