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On March 1 Bartholomew Company purchased a new stamping machine with a list price of $76,000. The company paid cash for the machine, therefore, It

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On March 1 Bartholomew Company purchased a new stamping machine with a list price of $76,000. The company paid cash for the machine, therefore, It was allowed a 5% discount. Other costs associated with the machine were: transportation costs, $1,900: sales tax paid, $4,320; Installation costs, $1,300; routine maintenance during the first month of operation, $1,800. The cost recorded for the machine was: Multiple Choice o . o Sm2,200. o o setseo

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