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On 1 / 1 / 2 0 2 3 , Tamol Corporation purchased machinery for $ 1 2 5 , 0 0 0 . Sales
On Tamol Corporation purchased machinery for $ Sales taxes were $ Freightin cost zero dollars ie the seller graciously agreed to pay for shipping On when the machinery arrived at Tamol's factory, Tamol paid $ for specialists to assemble the machines. The machines were put into operation on after a trial run costing $ revealed the machines were "operating as designed" working perfectly In midApril about three months into their useful life, for a cost of $ the machines were lubricated and recalibrated, both of which are considered ongoing maintenance.Today is What is the machinery account balance on our yearend balance sheet?
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