ABC installed a new sprinkler system for its factory: The system's list price is $100,000 (ABC received

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ABC installed a new sprinkler system for its factory: The system's list price is $100,000 (ABC received a 15% discount) The cost to install and test the system was $30,000 The insurance cost for the installation project was $5,000 The annual insurance cost for the factory was $15,000 The cost to train staff on the new system was $10,000 To celebrate the completion of the project, ABC threw a party costing $8,000 At what amount should the new sprinkler system be recognized at initial measurement

Posted Date: May 18, 2024 08:10 AM

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ABC installed a new sprinkler system for its factory: The system's list price is $100,000 (ABC received

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