Trinkle Company made several purchases of long-term assets in 2018. The details of each purchase are presented here. New Office Equipment 1. List price: $36,000; terms: 2/10, n/30; paid within the discount period. 2. Transportation-in: $770. 3. Installation: $430. 4. Cost to repair damage during unloading: $422 5. Routine maintenance cost after eight months: $300. Basket Purchase of Copier, Computer, and Scanner for $49,900 with Fair Market Values 1. Copier, $26,444. 2. Computer, $11,419 3. Scanner, $22,237 Land for New Warehouse with an Old Building Torn Down 1. Purchase price, $84,700. 2. Demolition of building, $4,540