Homework 9 Saved Help Save & E ! 7 Required information [The following information applies to the questions displayed below.] At the beginning of the year, Dimitrius Affiliates bought a shed, a machine, and a trailer. Part 1 of 6 The shed initially cost $21,000 but had to be renovated at a cost of $680. The shed was expected to last 7 years, with a residual value of $1,800. Repairs costing $500 were incurred at the end of the first year of use. 2 points The machine cost $11,600, and is estimated to have a total life of 40,000 hours and residual value of $900. The machine was actually used 2,000 hours in year 1 and 4,000 hours in year 2. The trailer cost $12,000 and was expected to last 4 years, with a residual value of $2,000. eBook Required: 1. Compute the amount to be capitalized for the shed. Print References Total cost 0