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Business, 02.03.2020 20:57 Homepage10

Equipment was purchased for $45,000 plus $2,000 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 asset's depreciable basis

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Equipment was purchased for $45,000 plus $2,000 in freight charges. Installation costs were $1,500 a...
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