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2 pts Question 1 Aurie Johnston, Inc. is a company that purchased a brand new piece of equipment on January 1, 2020. The cost of

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2 pts Question 1 Aurie Johnston, Inc. is a company that purchased a brand new piece of equipment on January 1, 2020. The cost of the new equipment was $5,000 plus $1,000 for the installation and $500 of sales tax (one-time cost). The maintenance cost during 2020 was $454 and the fees for electricity to use the equipment totaled $376 for the year. What is the capitalized cost of this Equipment? O $6,000 $6,500 $7,330 0 $5,000

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