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Current Attempt in Progress Wildhorse Company incurs the following costs in purchasing equipment: invoice price, $40,900; shipping, $925; installation and testing, $1,100; one-year insurance policy,

Current Attempt in Progress Wildhorse Company incurs the following costs in purchasing equipment: invoice price, $40,900; shipping, $925; installation and testing, $1,100; one-year insurance policy, $2,250. What is the cost of the equipment? t of equipment $ eTextbook and Media Save for Later

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