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22.) Company ABC bought equipment for $1,300. The equipment was immediately set into production and had installation costs of $200, Transportation costs of $400, repairs

22.) Company ABC bought equipment for $1,300. The equipment was immediately set into production and had installation costs of $200, Transportation costs of $400, repairs after production on $230, and sales tax of $95. What is the total amount of capitalized costs?
A.) 1,995
B.) 2,225
C.) 1,300
D.) 1765
image text in transcribed
22.) Company ABC bought equipment for $1,300. The equipment was immediately set into production and had installation costs of $200, Transportation costs of $400, repairs after production on $230, and sales tax of $95. What is the total amount of capitalized costs? A.) 1,995 B.) 2,225 C.) 1,300

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