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Bally high Company purchased equipment for $40,000. The sales tax on the purchase was $3,000. Other costs incurred were freight charges of $ 300, repairs
Bally high Company purchased equipment for $40,000. The sales tax on the purchase was $3,000. Other costs incurred were freight charges of $ 300, repairs of $ 250for damage during installation, and installation costs of $450
What is the capitalized cost of the equipment?
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