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Tomlin Enterprises made an online purchase of furniture for the office of its new sales manager in September. It arrived on September 30. The furniture
Tomlin Enterprises made an online purchase of furniture for the office of its new sales manager in September. It arrived on September 30. The furniture cost $3,100. Sales tax was assessed at 10%. Tomlin paid $500 to have the furniture assembled. Installation was completed on October 15. The furniture is expected to last for five years with a salvage value of $300. The new sales manager started working on December 1. What
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