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 $902,000 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 $ 1,854,000 Costs to dismantle old chair lift 31,300 Cash received for sale used chair lift 185,400 Shipping costs for delivery 19,120 Landscape architect fees, grading expansion hill 7,170 Permit costs 4,810 Clearing trees/grading land for expansion 45,500 Installation of concrete bases for chair lift 97,500 Helicopter rental to install towers for chair lift 86,000 Labour installation ski lift 280,000 Training employees on maintenance and operation 8,550 Testing of chair lift 27,700 Interest costs on loan for construction 64,500 General overhead costs 32,100 Annual routine maintenance 47,400 Purchase tools required for annual maintenance 80,100 Required: Calculate the total cost for each asset: