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Phoenix Co. acquired a large piece of specialized machinery used in it cess. The following costs were incurred in connection with the acquisition: s manufacturing

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Phoenix Co. acquired a large piece of specialized machinery used in it cess. The following costs were incurred in connection with the acquisition: s manufacturing Finder's fee List price Transportation fee Speeding ticket during transportation Installation fee $ 2,000 230,000 4,000 65 2,500 1,200 Required: Which of the costs incurred by Phoenix Co. should be capitalized to the machinery account

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