Question: Whole Grain Bakery purchases an industrial bread machine for
Whole Grain Bakery purchases an industrial bread machine for $ 30,000. In addition to the purchase price, the company makes the following expenditures: freight, $ 2,000; installation, $ 4,000; testing, $ 1,500; and property tax on the machine for the first year, $ 600. What is the initial cost of the bread machine?
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