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26 Equipment was purchased for $63,287 plus $1,100 in freight charges. Installation costs were $3,666 and sales tax totaled $3.795. The increase in net working
26 Equipment was purchased for $63,287 plus $1,100 in freight charges. Installation costs were $3,666 and sales tax totaled $3.795. The increase in net working capital was $2,076. What is this asset's depreciable basis? DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ENTER YOUR ANSWER TO THE NEAREST DOLLAR (e.g. 1250)
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McGraw-Hill Education SAT 2017
Authors: Christopher Black, Mark Anestis
1st Edition
1259641651, 978-1259641657
