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The acquisition of a used machine with a purchase price of $40,086, requiring an overhaul costing $9,388, installation costs of $6,597, and special acquisition

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The acquisition of a used machine with a purchase price of $40,086, requiring an overhaul costing $9,388, installation costs of $6,597, and special acquisition fees of $20,885, would be journalized with a debit to the asset account for Ox $113,326 Oh 549474 O $76956 Od $40,086

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