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Question 26 (4 points) Saved Carpino Company purchased equipment and these costs were incurred: Cash price Sales taxes Insurance during transit Installation and testing Total
Question 26 (4 points) Saved Carpino Company purchased equipment and these costs were incurred: Cash price Sales taxes Insurance during transit Installation and testing Total costs What amount should be recorded as the cost of the equipment? $70,000 3,500 750 1.500 $75,750 a) $74,250. b) $70,000. c) $73,500. O d) $75,750
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