Problem $6-22$A $($Algo$)$ Accounting for acquisition of assets, including a basket purchase LO $6-1$

Trinkle Company made several purchases of long$-$term assets during the year. The details of each purchase are presented here.

New Office Equipment

List price: $$40,800$; terms: $\frac{2}{10},\frac{n}{30}$; paid within the discount period.

Transportation$-$in: $$880.$

Installation: $$560.$

Cost to repair damage during unloading: $$486.$

Routine maintenance cost after eight months: $$260.$

Basket Purchase of Copier, Computer, and Scanner for $$48,100$ with Fair Market Values

Copier, $$21,460.$

Computer, $$6,380.$

Scanner, $$30,160.$

Land for New Warehouse with an Old Building Torn Down

Purchase price, $$84,300.$

Demolition of building, $$5,390.$

Lumber sold from old building, $$2,330.$

Grading in preparation for new building, $$7,800.$

Construction of new building, $$215,000.$

Required

In each of these cases, determine the amount of cost to be capitalized in the asset accounts.

Answer is complete but not entirely correct.