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The Hungarian Market Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing its bakery business and sold its two-year-old ovens at

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The Hungarian Market Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing its bakery business and sold its two-year-old ovens at a discount for $691,000. The Hungarian Market incurred and paid freight costs of $30,500 and its employees ran special electrical connections to the ovens at a cost of $4,100. Labor costs were $33,300. Unfortunately, one of the ovens was damaged during installation, and repairs cost $4,100. The Hungarian Market then consumed $810 of bread dough in testing the ovens, It installed safety guards on the ovens at a cost of $1,410 and placed the machines in operation. Required: 1. Compute the amounts that will be included in the Equipment account: 2. Indicate how any amounts not included in the Equipment account should be reported: Complete this question by entering your answers in the tabs below. Compute the amounts that will be included in the Equipment account. Indicate how any amounts not included in the Equipment account should be reported. ndicate how any amounts not included in the Equipment account should be reported

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