Worf 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 2020.

Purchase

Cash paid for equipment, including sales tax of $5,000 $105,000

Freight and insurance cost while in transit 2,000

Cost of moving equipment into place at factory 3,100

Wage cost for technicians to test equipment 4,000

Insurance premium paid during first year of operation on this equipment 1,500

Special plumbing fixtures required for new equipment 8,000

Repair cost incurred in first year of operations related to this equipment 1,300

Construction

Material and purchased parts (gross cost $200,000; failed to take 2% cash discount) $200,000

Imputed interest on funds used during construction (stock financing) 14,000

Labor costs 190,000

Allocated overhead costs (fixed$20,000; variable$30,000) 50,000

Profit on self-construction 30,000

Cost of installing equipment 4,400

If an item is not capitalized as a cost of the equipment, indicate how it should be reported.