PB9-1 Computing Acquisition Cost and Recording Depreciation under Three Alternative Methods [LO 9-2, LO 9-3] At the beginning of the year, Oakmont Company bought three used machines from American Manufacturing, Inc. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Machine C $10,700 Amount paid for asset Installation costs Renovation costs prior to use Repairs after production began Machine A $20,500 750 550 320 Machine B $11,000 800 600 1,800 1.000 880 By the end of the first year, each machine had been operating 4,000 hours. Required: 1. Compute the cost of each machine. Cost of Machine Machine A Machine B Machine C