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Question 16 (3 points) Question 16 options: St. Paulie Inc. has equipment with an original cost of $52,500 and accumulated depreciation of $30,000. St Paulie
Question 16 (3 points) Question 16 options: St. Paulie Inc. has equipment with an original cost of $52,500 and accumulated depreciation of $30,000. St Paulie decided not to trade in their existing equipment and instead purchased a new piece of equipment which had a list price of $60,000 but St. Paulie paid only $56,250. What amount should St. Paulie record the new equipment? (do not use dollar signs, commas or decimals in your answer)
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