Fogelberg Company purchased equipment for $12,000. Sales tax on the purchase was $600. Other costs incurred were freight charges of $240, repairs of $420 for damage during installation, and installation costs of $270. What is the cost of the equipment? Select one: a. $13,110. O b. $12,000. C. $12,600 d. $13.530. Lynne Corporation acquired a patent on May 1, 2015. Lynne paid cash of $40,000 to the seller. Legal fees of $1,000 were paid related to the acquisition. What amount should be debited to the patent account? Select one: a. $39,000 b. $1,000 C. $40,000 d. $41.000