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Chapters 7.8&9 Saved Help Save Exit A company purchased a commercial dishwasher by paying cash of $5,300. The dishwasher's fair value on the date of

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Chapters 7.8&9 Saved Help Save Exit A company purchased a commercial dishwasher by paying cash of $5,300. The dishwasher's fair value on the date of the purchase was $5,670. The company incurred $480 in transportation costs, $360 installation fees, and paid a $190 fine for illegal parking while the dishwasher was being delivered. For what amount will the company record the dishwasher? Multiple Choice $6,510 $6.330 $5,670 $6.140. Kansas Enterprises purchased equipment for $77,500 on January 1, 2021. The equipment is expected to have a ten-year service life, with a residual value of $8,250 at the end of ten years. Using the straight-line method, depreciation expense for 2022 and the book value at December 31, 2022, would be: Multiple Choice $2.750 and $62.000 $6.925 and $63650 $6.925 and $55,400,

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