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A company purchased new equipment for $51,000. The company paid cash for the equipment Other costs associated with the equipment were transportation costs, $1.300, sales
A company purchased new equipment for $51,000. The company paid cash for the equipment Other costs associated with the equipment were transportation costs, $1.300, sales tax paid $2.100, and installation cost $3,300. The total capitalized cost reported for the equipment was Multiple Choice O $54,400 $52.300 $57700 $51,000
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