3 Unity Limited buys a new air-conditioning unit for $20,000. The installation cost for the unit is $1,500, and Unity hired a construction contractor to build a special base on which to mount the unit, a cost of $750. What is the total cost of the air conditioning unit for depreciation purposes? $22,250 $20,000 $21,500 $20,750

3. Unity Limited buys a new air-conditioning unit for $20,000. The installation cost for the unit is $1,500, and Unity hired a construction contractor to build a special base on which to mount the unit, a cost of $750. What is the total cost of the air conditioning unit for depreciation purposes? $22,250 $20,000 $21,500 $20,750