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 $$886,000$ asset on the books, $90\%$ depreciated. The work was completed from April to November. Wonder Mountain incurred the following costs for the expansion:

$\backslash$table$[[$Invoice price high$-$speed quad chair lift,$$1,822,000$