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Trinkle Compary, Incorporated made several purchases of long-term assets in Year 1 . The details of each purchase are presented here. New Oifice Equipment 1.
Trinkle Compary, Incorporated made several purchases of long-term assets in Year 1 . The details of each purchase are presented here. New Oifice Equipment 1. List price: $41700; terms: 2/10n/30; paid with discount period. 2. Transportation-in. $790 3. Installation: 5590 4. Cost to repair damage during unloading: $452 5. Routine maintenance cost after six months: $220. Basket Purchase of Copiec, Computec, and Scanner for $49,300 with Fair Market Values 1. Copiec, 322,572. 2. Computer, $9,504 3. Scanner, $27,324 Land for New Warehouse with an Old Building Tom Down 1. Purchase peice, $76,200 2. Demolition of buliding. $4,990. 3. Lumber sold from old building. 52,460 4. Grading in preparation for new budiding, 59,500 Construction of New Buading 1. Construction of new buliding. 5288.000 Pequired In case of olfice equipment, determine the amount of cont to be captalited in the assel accounts in cose of basket purchase, determine the amount of cost to be cagitalared in the asset accounts. In case of land, determine the amount of cost to be capitalired in the asset accounti in case of new building, determine the amount of cost to be capitatzed in the asset accounth. Complete this question by entering your answers in the tabs below. In case of offoe equipment, detarmine the amount of cont to be capitalited in the asset acoounts
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