Question: 1.12 please help Mendelson Laboratories purchased engineering equipment at a cost of $420,000. Shipping costs totaled $15,000. Installation cost was $8,000. An additional electrical line

1.12 please help

$420,000. Shipping costs totaled $15,000. Installation cost was $8,000. An additional electrical

Mendelson Laboratories purchased engineering equipment at a cost of $420,000. Shipping costs totaled $15,000. Installation cost was $8,000. An additional electrical line had to be run to the equipment at a cost of $3,000. Labor and testing costs totaled $6,000. Materials used up in testing cost $3,000. The capitalized cost is: Multipie Choice 5455.000 5446.000 $437000 $435,000. Knowledge Check 01 Match the term and the definition

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