Question: please answer it clearly for every part XYZ purchased a plant, including lond, building, and machinery, for $110,000. These items were carried on the books


XYZ purchased a plant, including lond, building, and machinery, for $110,000. These items were carried on the books of the seller as follows:tand, $30,000; building. $80,000, and machinery, $40,000. Immediately after the purchase, the assets were appraised at the following values: land, $24,000 building. $30,000, and machinery, $66,000. What cost should XYZ record for the land, building and machinery? Choice 1 Choice 2 Choice 3 Choice 4 Land $22.000 $36,666 $30,000 $22.000 Building $27.500 $36,667 $80.000 $58,667 Machinery $60.500 $36,667 $40,000 $29,333 Multiple Choice Choice 1 Choice 2 Choice 3 Choice 4 The following expenditures were among those incurred by JB during the year ended December 31, 2013: Replacement of tiles on portion of roof that had been leaking = $4.000 Overhaul of machinery that is expected to extend its useful life for another two years = $6,000 How much should be charged to repairs and maintenance expense in 2013? Multiple Choice 0 $4,000 $6,000 $10,000
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