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Current Attempt in ProgressBarium Corp. purchased a piece of equipment on September 3 0 for $ 2 7 , 0 0 0 . It cost

Current Attempt in ProgressBarium Corp. purchased a piece of equipment on September 30 for $27,000. It cost $400 to ship the equipment to the company's facilities and another $1,000 to install the equipment. After the equipment was installed the company had to pay an additional $1,500 for increased insurance. The capitalized cost of the equipment was $29,900.0 $29,500. $28,400 $27,400.e

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