Question: What is the answer to this question? SS 5: Mastery Quiz i Saved Help Save E A company purchased new equipment for $60,000. The company

What is the answer to this question?

SS 5: Mastery Quiz i Saved Help Save E A company purchased new equipment for $60,000. The company paid cash for the equipment. Other costs associated with the equipment were: transportation costs, $2,800; sales tax paid, $2,900; and installation cost, $1,700. The total capitalized cost reported for the equipment was: Multiple Choice 01:24:11 $60,000 () $62,800 O $65,700. () $67,400. Q Search

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