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Discuss and explain which of the following should be included in the cost of equipment: (a) installation charges, (b) freight charges, (c) cost of building

Discuss and explain which of the following should be included in the cost of equipment: (a) installation charges, (b) freight charges, (c) cost of building foundations, (d) new parts needed to replace those damaged while unloading, (e) borrowing costs incurred to finance the purchase of the equipment. What is the general principle to be followed in determining what should be included in the cost of property, plant and equipment?

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