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Business, 17.01.2020 19:31 tbt81

Equipment was purchased for $50,000 plus $2,500 in freight charges. installation costs were $1,500 and sales tax totaled $1,000. hiring a special consultant to provide advice during the selection of the equipment cost $3,000. what is this assetâs depreciable basis? a. $58,000b. $57,000c. $51,000d. $55,000

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Equipment was purchased for $50,000 plus $2,500 in freight charges. installation costs were $1,500 a...
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