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Kelly Studio just bought two bikes for $3800 pre-tax. Kelly paid $190 in taxes, $60 for a 1 year warranty, and $150 in installation fees.

Kelly Studio just bought two bikes for $3800 pre-tax. Kelly paid $190 in taxes, $60 for a 1 year warranty, and $150 in installation fees. Before the bikes were used for cycling, Kelly decided to pain the bikes her favorite color, costing her $300. What amount would Kelly capitalize to equipment for this purchase?

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