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The acquisition of a used machine with a purchase price of $42,916, requiring an overhaul costing $8,170, installation costs of $5,423, and special acquisition fees

The acquisition of a used machine with a purchase price of $42,916, requiring an overhaul costing $8,170, installation costs of $5,423, and special acquisition fees of $16,193 would be journalized with a debit to the asset account for

a.$51,086

b.$72,702

c.$102,488

d.$42,916

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