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Equipment was purchased for $71,801 plus $1,538 in freight charges. Installation costs were $4,766 and sales tax totaled $4,817. The increase in net working capital
Equipment was purchased for $71,801 plus $1,538 in freight charges. Installation costs were $4,766 and sales tax totaled $4,817. The increase in net working capital was $2,215. What is this asset's depreciable basis?
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