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Equipment was purchased for $100,000 plus $1000 in freight charges. Installation cost were $500 and sales tax totaled $7,500. Hiring a special consultant to provide

Equipment was purchased for $100,000 plus $1000 in freight charges. Installation cost were $500 and sales tax totaled $7,500. Hiring a special consultant to provide advice during the selection of the equipment cost $1,000. What is this asset's depreciable basis?

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