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Whole Grain Bakery purchases an industrial bread machine for $ 2 0 , 5 0 0 . In addition to the purchase price, the company

Whole Grain Bakery purchases an industrial bread machine for $

20, 500 .

In addition to the purchase price, the company makes the

following expenditures: freight, $

1, 050

; installation, $

2, 100

; testing, $

550

; and property tax on the machine for the first $

410 .

What is the initial cost of the bread machine?

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