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NewTech purchases computer equipment for $ 1 1 8 , 8 0 0 to use in its operating activities. NewTech paid $ 2 , 0

NewTech purchases computer equipment for $118,800 to use in its operating activities. NewTech paid $2,000 in transportation charges. The equipment needed installation, which cost $10,000. Damages occurred during installation amounting to $1,300. The total cost recorded for the equipment is:
Multiple Choice
$130,800.
$132,100.
$120,100.
$129,800.

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