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Lisa's Pottery Co. purchased a new pottery oven. The company paid $350,000 in cash. It also cost Lisa's Pottery Co. $15,000 to have the equipment

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Lisa's Pottery Co. purchased a new pottery oven. The company paid $350,000 in cash. It also cost Lisa's Pottery Co. $15,000 to have the equipment delivered (delivery took one day), $8,000 for insurance during transit and $50,000 to install and calibrate the oven. How much will be capitalized to the machinery account? A) $400,000 B) $423,000 OC) $415,000 D) $373,000

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