Current Attempt in Progress Crane Enterprises purchased equipment on March 15, 2021, for $81.030. The company...

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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 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