Question: ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! Sheridan Corporation purchased a special tractor on December 3

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Sheridan Corporation purchased a special tractor on December 31,2020. The purchase agreement stipulated that Sheridan should pay $22,500 at the time of purchase and $6,300 at the end of each of the next 8 years. The tractor should be recorded on December 31,2020, at what amount, assuming an appropriate intere*
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