Business, 28.11.2019 03:31 danielanderson12
Valiant corp. purchased new printing equipment for $100,000 to support its expansion into the motivational poster business. valiant hired a freight company to deliver the equipment, at a cost of $1,500. in addition, they hired some specialists to modify the equipment to suit valiant’s requirements; this cost $7,000. the sales tax rate is 10%. the equipment is expected to have a depreciable life of 10 years..what is the installed cost (that is, the gross book value) of the new equipment?
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Valiant corp. purchased new printing equipment for $100,000 to support its expansion into the motiva...
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