Question: Food Process Ltd . purchased a machine for $ 1 0 0 comma 0 0 0 $ 1 0 0 , 0 0 0 .

Food Process Ltd. purchased a machine for
$ 100 comma 000$100,000.
Current accumulated amortization totals
$ 40 comma 000$40,000.
Management is contemplating the purchase of a new machine for
$ 120 comma 000$120,000.
Current disposal of the old machine would cost
$ 65 comma 000$65,000.
What is the correct category for each item?

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