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Whole Grain Bakery purchases an industrial bread machine for $24,000. In addition to the purchase price, the company makes the following expenditures: freight, $1,400; installation,

Whole Grain Bakery purchases an industrial bread machine for $24,000. In addition to the purchase price, the company makes the following expenditures: freight, $1,400; installation, $2,800; testing. $900; and property tax on the machine for the first year, $480. What is the initial cost of the bread machine? Total cost of the bread machine $

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