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Evans Equipment sells, installs, and maintains manufacturing equipment. The typical sales contract includes the purchase of the equipment, installation, and a five-year maintenance contract. Most

Evans Equipment sells, installs, and maintains manufacturing equipment. The typical sales contract includes the purchase of the equipment, installation, and a five-year maintenance contract. Most customers choose to trade in the equipment for the new model at the end of the five-year contract. Evans Equipment should amortize the cost of installation over five years.

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