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The acquisition of a used machine with a purchase price of $38,861, requiring an overhaul costing $9,486, installation costs of $6,329, and special acquisition fees

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The acquisition of a used machine with a purchase price of $38,861, requiring an overhaul costing $9,486, installation costs of $6,329, and special acquisition fees of $9,520, would be journalized with a debit to the asset account for 2. 589,531 b. 564,196 c. 538,861 d. 548,347

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