Question: Saved Help Save & Exit Sub On August 1, Red Company purchased computer equipment for $10,900 cash and also gave 100 shares of White

Saved Help Save & Exit Sub On August 1, Red Company purchased computer equipment for $10,900 cash and also gave 100 shares of White common stock that Red Company held as an investment. The White common stock cost Red Company $5,000 and on August 1 had a fair value of $4,425. The installation costs for the computer equipment were $790 and shipping costs were $590. What amount should be the total amount debited to the computer equipment account?

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