Exercise 10-4 Nash 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 2017. Purchase Cash paid for equipment, including sales tax of $5,700 Freight and insurance cost while in transit Cost of moving equipment into place at factory Wage cost for technicians to test equipment Insurance premium paid during first year of operation on this equipment Special plumbing foxtures required for new equipment Repair cost incurred in first year of operations related to this equipment $119,700 2,280 3,534 4,560 1,710 9,120 1,482 Material and purchased parts (gross cost $228,000; failed to take 2% cash discount) $228,000 Imputed interest on funds used during construction (stock financing) Labor costs Allocated overhead costs (fixed-$22,800; variable-$34,200) Profit on self-construction Cost of installing equipment 15,960 216,600 57,000 34,200 5,016 Compute the total cost for each of these two pieces of equipment. Purchase equipment Construction equipment