Wonder Mountain Company operates a snow sports resort for skiers and snowboarders. The company has recently decided to replace an existing old chair lift with a new high-speed quad chair and expand the hill to allow for increased capacity. The chair lift was a $802,000 asset on the books, 90% depreciated. The work was completed from April to November. Wonder Mountain incurred the following costs for the expansion: Invoice price high-speed quad chair lift $ 1,654,000 Costs to dismantle old chair lift 29,100 Cash received for sale used chair lift 165,400 Shipping costs for delivery 18,850 Landscape architect fees, grading expansion hill 6,975 Permit costs 4,675 Clearing trees/grading land for expansion 45,000 Installation of concrete bases for chair lift 96,250 Helicopter rental to install towers for chair lift 85,000 Labour installation ski lift 275,000 Training employees on maintenance and operation 8,375 Testing of chair lift 27,250 Interest costs on loan for construction 63,750 General overhead costs 31,750 Annual routine maintenance 47,000 Purchase tools required for annual maintenance 79,250 Required: Calculate the total cost for each asset