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Question 4 5 pts On March 31, Morris Corporation purchased a machine with a contract price of $300.000 with terms of 3/10,n/30. Morris Corporation incurred

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Question 4 5 pts On March 31, Morris Corporation purchased a machine with a contract price of $300.000 with terms of 3/10,n/30. Morris Corporation incurred freight charges of $7.000, testing costs of $3.000, and a 4% sales tax of the contract price. Morris Corporation paid for the machine on April 15. What amount should Morris Corporation capitalize for the machine? O $300,000 O $313,000 $319,000 $322.000 None of the above

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