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15 A company purchased new equipment for $58.000. The company paid cash for the equipment Other costs associated with the equipment were: transportation costs, $1,400;
15 
A company purchased new equipment for $58.000. The company paid cash for the equipment Other costs associated with the equipment were: transportation costs, $1,400; sales tax paid, $3,200; and installation cost. $2,300. The total caprailzed cost reported for the equipment was: Multiple Choice $58.000 559,400 $62,600 $.,990 Step by Step Solution
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Financial Accounting For Decision Makers
Authors: Eddie McLaney, Peter Atrill
4th Edition
9780273688471
