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CC Ltd. purchased an investment property. The expenses regarding the purchase were the following: Invoice price: $10,000 Delivery expense: $300 Maintenance contract for four years:

CC Ltd. purchased an investment property. The expenses regarding the purchase were the following: Invoice price: $10,000 Delivery expense: $300 Maintenance contract for four years: $2,200 Import duty: $1,500 How much is the initial cost regarding the investment property

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