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21. JOOVI Inc. has recently purchased and installed a new machine for its manufacturing plant. The company incurred the following costs: Purchase price Freight and

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21. JOOVI Inc. has recently purchased and installed a new machine for its manufacturing plant. The company incurred the following costs: Purchase price Freight and insurance Installation Testing Maintenance staff training costs $12,980 $1,200 $700 $100 $500 The total cost of the machine to be shown on JOOVI's balance sheet is

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