Question: A dairy processing unit is to be built as an addition to an existing food processing plant. The total purchased equipment cost is $1,400,000, and

A dairy processing unit is to be built as an addition to an existing food processing plant.

The total purchased equipment cost is $1,400,000, and the delivery charges are 7% of the purchased price.

Estimate the total capital investment based on percentage of delivered equipment cost by showing the costs for individual items in the investment.

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