New Office Equipment List price: $60,000; terms: 2/10, n/30; paid within the discount period. Transportation-in: $1,500. Installation: $2,500. Cost to repair damage during unloading: $650. Routine...

New Office Equipment

1. 
   

   List price: $60,000; terms: 2/10, n/30; paid within the discount period.

   
   


2. 
   

   Transportation-in: $1,500.

   
   


3. 
   

   Installation: $2,500.

   
   


4. 
   

   Cost to repair damage during unloading: $650.

   
   


5. 
   

   Routine maintenance cost after eight months: $350.

   
   

determine the amount of cost to be capitalized in the asset account office equipment: ?