Financial Accounting

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Capital Asset Amount: Various Items


During the year, the following transactions occurred at Dark Rider Company:

Transaction Amount
Purchased a new machine with a 5 year life \$65,000
Paid shipping on the new machine 1,200
Paid for new tires on a company car 800
Purchased a used truck with a 3 year life 25,000
Replaced the carpeting in reception area of the company’s office 1,800

What is the capitalized cost of assets that Dark Rider incurred during the year?