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Business, 15.04.2020 00:45 haleyrene2663

The following expenditures relate to machinery purchased by Callabasas Manufacturing:
Purchase price $16,000
Transportation costs 800
Installation 500
Testing 2,000
Repair of part broken during shipment 300
At what amount should Callabasas capitalize the machinery?
a. $17,300
b. $19,300
c. $19,600
d. $17,600

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The following expenditures relate to machinery purchased by Callabasas Manufacturing:
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