Suppose that Crane purchased equipment and these costs were incurred: Cash price $67000 Sales taxes 3100...
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Suppose that Crane purchased equipment and these costs were incurred: Cash price $67000 Sales taxes 3100 Insurance during transit 680 Installation and testing 1200 Total costs $71980 What amount should be recorded as the cost of the equipment? O $70100. O $71980. O $70780. O $67000. Suppose that Crane purchased equipment and these costs were incurred: Cash price $67000 Sales taxes 3100 Insurance during transit 680 Installation and testing 1200 Total costs $71980 What amount should be recorded as the cost of the equipment? O $70100. O $71980. O $70780. O $67000.
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