COST OF FIXED ASSETS
Mooney Sounds, a local stereo retailer, needed a new store because it had outgrown the leased space it had used for several years. Mooney acquired and remodeled a former grocery store. As a part of the acquisition, Mooney incurred the following costs:
![161_de01867d-295f-4cf0-b907-fcd31d3a6045.png](https://secure.tutorsglobe.com/CMSImages/161_de01867d-295f-4cf0-b907-fcd31d3a6045.png)