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(1) Required information [The following information applies to the questions displayed below.] ...

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Accounting

(1)
Required information
[The following information applies to the questions displayed below.]
At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Primo Fitness, an established supplier of used, new and refurbished gym equipment in Southern California. The machines immediately were overhauled and started operating. The machines were different; therefore, each had to be recorded separately in the accounts.
\table[[,Machine A,Machine B,Machine C],[Invoice price paid for asset,$11,000,$30,000,$8,000
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