Trinkle Company made several purchases of long-term assets during the year. The details of each purchase are presented here New Office Equipment 1. List price: $43,300, terms: 2/10, n/30, paid within the discount period. 2. Transportation-in: $790, 3. Installation: $480 4. Cost to repair damage during unloading: $513. 5. Routine maintenance cost after eight months: $200. Basket Purchase of Copier, Computer, and Scanner for $50,200 with Fair Market Values 1. Copier, $21,780 2. Computer, $10,285 3. Scanner, $28,435 Land for New Warehouse with an Old Building Torn Down 1. Purchase price, $84,500. 2. Demolition of building, $4,990. 3. Lumber sold from old building. $2,920 4. Grading in preparation for new building, $9,700. 5. Construction of new building, $256,000