During its year ended 31 December 2020, Landons business acquired a new machine from China. The business

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During its year ended 31 December 2020, Landon’s business acquired a new machine from China. The business incurred the following costs in relation to this machine in 2020:

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In Landon’s balance sheet, what amount should appear for the cost of this machine as at 31 December 2020?

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