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A company purchased a commercial dishwasher by paying cash of $10,000. The company incurred $800 transportation costs, $660 installation fees, and $400 annual insurance on

A company purchased a commercial dishwasher by paying cash of $10,000. The company incurred $800 transportation costs, $660 installation fees, and $400 annual insurance on the equipment. For what amount will the company record the dishwasher?

Multiple Choice

$11,460

$10,800

$10,000

$11,860

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