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Staley Enterprises purchased a machine for $260,000. The seller paid $900 freight to deliver the machine. Staley used $4, 600 of staff mechanics' time to

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Staley Enterprises purchased a machine for $260,000. The seller paid $900 freight to deliver the machine. Staley used $4, 600 of staff mechanics' time to install the machine and employee training cost $7,000 for proper of the machine. The state charged a 5% sales tax on the invoice price. What is the capitalized cost of the machine

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