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

Trinkle Company, Incorporated made several purchases of long-term assets in Year 1. The details of each purchase are presented here. New Office Equipment 1. List price: $42,800; terms: 2/10 n/30; paid within discount period. 2. Transportation-in: $700. 3. Installation: $540. 4. Cost to repair damage during unloading: $657. 5. Routine maintenance cost after six months: $140. Basket Purchase of Copier, Computer, and Scanner for $45,900 with Fair Market Values 1. Copier, $22,120. 2. Computer, $9,401. 3. Scanner, $23,779. Land for New Warehouse with an Old Building Torn Down 1. Purchase price, $84,500. 2. Demolition of building, $4,540. 3. Lumber sold from old building, $1,610. 4. Grading in preparation for new building, $7,000 Construction of New Building 1. Construction of new building, $278,000 Required In case of office equipment, determine the amount of cost to be capitalized in the asset accounts. In case of basket purchase, determine the amount of cost to be capitalized in the asset accounts. In case of land, determine the amount of cost to be capitalized in the asset accounts. In case of new building, determine the amount of cost to be capitalized in the asset accounts. Complete this question by entering your answers in the tabs below. Office Equipment Basket Purchase Land Building In case of office equipment, determine the amount of cost to be capitalized in the asset accounts. Asset Office equipment Capitalized Cost < Office Equipment Basket Purchase >

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