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The Factory purchased five robots to perform routine assembly tasks. The robots cost $50,000 each and installation costs for each robot amounted to $10,000. The

The Factory purchased five robots to perform routine assembly tasks. The robots cost $50,000 each and installation costs for each robot amounted to $10,000. The employees replaced by the robots were transferred to another division. The transferred employees were retrained at a cost to the factory of $12,000 and each employee was paid a $500 relocation bonus. What cost figure should be attached to the five robots?

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