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In: AccountingPLEASE SHOW YOUR WORK!Hadley Company purchased an asset with a list price of $132,140.Hadley...PLEASE SHOW YOUR WORK!Hadley Company purchased an asset with a list price of $132,140.Hadley paid $729 of transportation-in cost, $655 to train anemployee to operate the equipment, and $503 to insure the assetagainst theft after it has been set up in the factory. The assetwas purchased under terms 1/20/n30 and Hadley paid for the assetwithin the discount period. Based on this information, Hadley wouldcapitalize the asset on its books at what dollaramount? $_______________==============================On January 1, Year 1, Pearson Moving Company paid $34,900 cashto purchase a truck. The truck was expected to have a ten yearuseful life and an $3,100 salvage value. If Pearson uses thestraight-line method, the amount of accumulateddepreciation recognized on the Year 4balance sheet is $_______=======================Bridge City Consulting bought a building and the land on whichit is located for $207,200 cash. The building is estimated torepresent 56 percent of the purchase price. The company paid$86,390 for building renovations before it was ready for use.When preparing the journal entry to record all expendituresrelated to the purchase and renovation, the debit tobuilding would be $________=====================Dillard Company starts the year with $10,000 in its cashaccount, $10,000 in its equipment account, $2,000 in accumulateddepreciation and $18,000 in its retained earnings account. Duringthe year Dillard sells the equipment for $8,570. After the sale ofequipment is recorded, the retained earningsaccount will have a balance of $________.