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A company purchases equipment with a list price of $119,000. The company also pays $12,000 for freight charges to ship the equipment and $5,000 for

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A company purchases equipment with a list price of $119,000. The company also pays $12,000 for freight charges to ship the equipment and $5,000 for equipment installation. What amount should the company debit to the equipment account? $136,000 $ 131,000 $119,000 $124,000

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