Trinkle Company made several purchases of long term assets in 2018 The details of each purchase are presented here New Office Equipment List price $35,100 terms 2 10, n 30 paid within the discount period Transportation in $850 Installation $450 Cost to repair damage during unloading $456 Routine maintenance cost after eight months $230 Basket Purchase of Copier, Computer, and Scanner for $50,400 with Fair Market Values Copier, $25,494 Computer, $11,533 Scanner, $23,673 Land for New Warehouse with an Old Building Torn Down Purchase price, $79,000 Demolition of building, $5,020 Lumber sold from old building, $1,560 Grading in preparation for new building, $8,600 Construction of new building, $252,000 Required Required In each of these cases, determine the amount of cost to be capitalized in the asset accounts Office equipment Asset Office equipment Allocated Costs Basket purchase Allocated Costs Asset Copier Computer Scanner Total $ Land and building Allocated Costs Asset Cost of land Construction costs Total cost $ 0

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Trinkle Company made several purchases of long-term assets in 2018. The details of each purchase are presented here. New Office Equipment List price: $35,100; terms:

Trinkle Company made several purchases of long-term assets in 2018. The details of each purchase are presented here.

New Office Equipment

List price: $35,100; terms: 2/10, n/30; paid within the discount period.
Transportation-in: $850.
Installation: $450.
Cost to repair damage during unloading: $456.
Routine maintenance cost after eight months: $230.

Basket Purchase of Copier, Computer, and Scanner for $50,400 with Fair Market Values

Copier, $25,494.
Computer, $11,533.
Scanner, $23,673.

Land for New Warehouse with an Old Building Torn Down

Purchase price, $79,000.
Demolition of building, $5,020.
Lumber sold from old building, $1,560.
Grading in preparation for new building, $8,600.
Construction of new building, $252,000.

Required

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Required In each of these cases, determine the amount of cost to be capitalized in the asset accounts. Office equipment: Asset Office equipment Allocated Costs Basket purchase Allocated Costs Asset Copier Computer Scanner Total $ Land and building: Allocated Costs Asset Cost of land Construction costs Total cost $ 0