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On January 2, 2016, Verdi Company acquired a machine for$89,000. In addition to the purchase price, Verdi spent $3,000 forshipping and installation, and $3,500 to

On January 2, 2016, Verdi Company acquired a machine for$89,000. In addition to the purchase price, Verdi spent $3,000 forshipping and installation, and $3,500 to calibrate the machineprior to use. 1 answer

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