Question: Carson Corp. purchased a used machine for $176,000. The machine required installation costs of $5,800, transportation costs of $3,300, and insurance while in transit of
Carson Corp. purchased a used machine for $176,000. The machine required installation costs of $5,800, transportation costs of $3,300, and insurance while in transit of $1,300. An extended warranty was acquired on the machine for $4,900 and the machine needed $10,400 of repairs before it could be used. At which of the following amounts would the machine be recorded
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