Current Attempt in Progress Crane Enterprises purchased equipment on March 15, 2021, for $81.030. The company also paid the following amounts $550 for freight charges: $219 for insurance while the equipment was in transit: $1.690 for a one-s employees to use the new equipment: and $2.521 for testing and installation. The company began to use the equipment on April 1 Insurance policy. $2.012 to train Crane has estimated the equipment will have a 10-year useful life with no residual value. It expects to consume the equipment's future economic benefits evenly over the useful life. The company has a December 31 year end. (a) Your answer is correct. Calculate the cost of the equipment. Cost of the equipment eTextbook and Media 84320