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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:

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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: $43,500; terms: 2/10,n/30; paid within the discount period. 2. Transportation-in: $870. 3. Installation: $590. 4. Cost to repair damage during unloading: $585. 5. Routine maintenance cost after eight months: $280. Basket Purchase of Copier, Computer, and Scanner for $52,000 with Fair Market Values 1. Copier, $25,080. 2. Computer, $12,540. 3. Scanner, $25,080

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