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A used machine with a purchase price of $39,822, requiring an overhaul costing $9,342, installation costs of $6,425, and special acquisition fees of $15,417, would
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A used machine with a purchase price of $39,822, requiring an overhaul costing $9,342, installation costs of $6,425, and special acquisition fees of $15,417, would have a cost basis of
a.$39,822
b.$49,164
c.$71,006
d.$102,190
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