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Janey purchased machinery on April 8 t h of the current year. The relevant costs for the year are as follows: machinery tor $ 1

Janey purchased machinery on April 8th of the current year. The relevant costs for the year are as follows: machinery tor $10,000,$800 snipping, $50 tor aelivery
insurance, $500 for installation, $750 for sales tax, $150 for the annual tune-up, and $200 of property taxes (an annual tax on business property). What is Janey's initial tax
basis for the machinery?
10,550.
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