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Calculate the cost of equipment that would be reported on the balance sheet based on the following information: Equipment cost $100,000 Freight cost to ship

Calculate the cost of equipment that would be reported on the balance sheet based on the following information:

Equipment cost $100,000

Freight cost to ship the equipment $5,000

Electrician cost to install the equipment $2,000

Increase in market value of equipment since the date of purchase $3,000

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