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A company purchased a plant for $450,000. It cost the company $3,000 to remove the old plant and prepare the site for installation of the
A company purchased a plant for $450,000. It cost the company $3,000 to remove the old plant and prepare the site for installation of the new asset. Import duty and haulage costs amount to $5,000. The salary of the maintenance supervisor overseeing the project is $15,000 per month. Other contracted services totaled $95,000 for architect and electrical services. What is the cost of the plant? Select one: O a. $450,000 Ob. $568,000 c. $458,000 Od. $553,000 10 19 28 Finis
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