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A company purchased new equipment for $ 5 7 , 0 0 0 . The company paid cash for the equipment. Other costs associated with

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A company purchased new equipment for $57,000. The company paid cash for the equipment. Other costs associated with the equipment were: transportation costs, $1,800; sales tax paid, $2,300; and installation cost, $2,200. The total capitalized cost reported for the equipment was:
Multiple Choice
$61,100
$63,300.
$58,800.
$57,000
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