The German Brewery Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing its bakery business and sold its two-year-old ovens at a discount for $695,000. The German Brewery incurred and paid freight costs of $32,500, and its employees ran special electrical connections to the ovens at a cost of $4,500. Labor costs were $35,300. Unfortunately, one of the ovens was damaged during installation, and repairs cost $4,500. The German Brewery then consumed $850 of bread dough in testing the ovens. It installed safety guards on the ovens at a cost of $1,450 and placed the machines in operation. Required: Compute the amounts that will be included in the Equipment account. Indicate how any amounts not included in the Equipment account should be reported