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New equipment was purchased for $97,000. Additionally, the company had to pay shipping costs of $7.000 and installation fees of $200 During the first year

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New equipment was purchased for $97,000. Additionally, the company had to pay shipping costs of $7.000 and installation fees of $200 During the first year of use, the company paid $5,800 for repairs and maintenance on the equipment. What is the total cost of the equipment? $97.000 $97,200 $104,000 $104,200

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