Rockport Manufacturing is a company that makes rock sculptures for decorative landscaping. Rockport had the...
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Accounting
Rockport Manufacturing is a company that makes rock sculptures for decorative landscaping. Rockport had the following property, plant, and equipment transactions during the year. For each transaction, decided whether the transactions should be capitalized, expensed, depreciated, amortized, or depleted. Each accounting treatment may be used once, more than once, or not at all. Transaction Treatment Amount $ 8,500 2 Painting all of the ceiling tiles in the hallways and common$8,500 1 Cost to build a parking lot for the new warehouse areas of the property 3 Replace the cooling system in the company's current facility$ 33,000 with a more modem and fuel efficient model. 415 new desk-top computers for support personnel 5 New process costing software - this software will need to be $ 22,500 $ 12,000 replaced in 5 years. 6Replacing office windows cracked as a result of an explosion at 16,000 a neighboring manufacturing plant
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