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Harvard Company purchased equipment having an invoice price of $23,500. The terms of sale were 3/10, 1/30, and Harvard paid within the discount period. In

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Harvard Company purchased equipment having an invoice price of $23,500. The terms of sale were 3/10, 1/30, and Harvard paid within the discount period. In addition, Harvard paid a $165 delivery charge, $205 Installation charge, and $951 sales tax. The amount recorded as the cost of this equipment Multiple Choice $23.870 $24,621 $23,165 $24.116

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