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Equipment is acquired for $100,000. Freight costs are $1,800, sales tax amounted to $1,000. Maintenance during the first year of use cost $6,000. What is
Equipment is acquired for $100,000. Freight costs are $1,800, sales tax amounted to $1,000. Maintenance during the first year of use cost $6,000. What is the cost of the equipment?
A) $102,800
B) $100,000
C) $108,800
D) $101,000
E) $101,800
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