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PNW, LLC purchased equipment for $46,000. The purchase was paid for with cash. There were sther costs related to the purchase:: transportation costs, $3,000; sales
PNW, LLC purchased equipment for $46,000. The purchase was paid for with cash. There were sther costs related to the purchase:: transportation costs, $3,000; sales tax paid $3,100; and installation cost, $1,600. PNW, LLC would capitalize the equipment in the amount of:
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