Zhang Company purchased and put into service a new computer on January 1, 2021. The following information and expenditures are related to the purchase:

List price $5,000

Cash price paid 4,200

Freight-in (FOB shipping point) 300

Insurance during shipping 100

Interest paid related to financing the new computer (during 2021) 240

Installation cost 200

One-year maintenance contract (for 2021) 400

Disk drive installed into the new computer (upon purchase) 1,000

Instructions:

a) Determine which of the above expenditures would be included in and calculate the total cost

of the computer.

b) Describe the accounting treatment for any of the above items that would be excluded

from the cost of the computer.

please type your answer for me

thank you