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Mind Med Ltd. purchased equipment for $290,500 cash. Shipping and testing of the equipment is $1,500. Cannabis purchases a 1-year insurance policy on the equipment
Mind Med Ltd. purchased equipment for $290,500 cash. Shipping and testing of the equipment is $1,500. Cannabis purchases a 1-year insurance policy on the equipment for $25,000. What amount does Cannabis Medical record as the cost for the equipment? Select one 0 $317.000 Ob. $290,500 Oc$315,500 Od $292,000
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