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On October 1, 20X4, Shaw Corp. purchased a machine for $126,000 that was placed in service on November 30,204. Shaw incurred additional costs for this
On October 1, 20X4, Shaw Corp. purchased a machine for $126,000 that was placed in service on November 30,204. Shaw incurred additional costs for this machine, as follows: In Shaw's December 31, 20X4 Balance Sheet, the machine's cost should be reported as: $133,000$129,000$126,000$138,000
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