Waterway Co. both purchases and constructs various equipment it uses in its operations. The following items for two different types of equipment were recorded in random order during the calendar year 2017. Purchase Cash paid for equipment, including sales tax of $6, 400 Freight and insurance cost while in transit Cost of moving equipment into place at factory Wage cost for technicians to test equipment Insurance premium paid during first year of operation on this equipment Special plumbing fixtures required for new equipment Repair cost incurred in first year of operations related to this equipment Construction Material and purchased parts (gross cost $256,000; failed to take 2% cash discount) $256,000 Imputed interest on funds used during construction (stock financing) 17, 920 Labor costs 243, 200 Allocated overhead costs (fixed-$25, 600; variable-$38, 400) 64,000 Profit on self-construction 38, 400 Cost of installing equipment 5, 632 Compute the total cost for each of these two pieces of equipment. Purchase equipment $ Construction equipment