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Gareth, a sales tax registered trader purchased a computer for use in his business. The invoice for the computer showed the following costs related to
Gareth, a sales tax registered trader purchased a computer for use in his business. The invoice for the computer showed the following costs related to the purchase: $ Computer 890 Additional memory 95 Delivery 10 Installation 20 Maintenance (one year) 25 1,040 Sales tax (VAT) (17.5%) 182 Total 1,222 How much should Gareth capitalise as a non-current asset in relation to the purchase? Select one: O a. 1,222 O b. 1,040 O c. 1,015 O d. I want to leave this question blank e. None of the other answers is correct
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