Question

Mento, Inc. spent $3,000,000 during 2011 to repair and update its plant assets. Mento spent $1,200,000 to paint the building, $230,000 to place worn-out gears on motors, $640,000 to install special shelving that will increase operating efficiency in the plant, and $930,000 on new machinery. What amount of these costs would appear as assets on Mento, Inc.'s December 31, 2011 statement of financial position? a. $3,000,000 b. $1,570,000 C. $1,430,000 d. $2,770,000 165.

Answer 1

Answer:

oh hello thankyou ! it is darn to easy

Answer 2

Answer:

B

Explanation:

640,000+930,000=1,570,000