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Business, 14.06.2020 01:57 sharkboy3780

A small business owner purchased equipment on credit for $125,000. It cost the owner $7,000 to ship it all, $5,000 to set-up and test the equipment, and will cost $22,000 annually for labor to run the equipment. The depreciable basis of the equipment is:

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A small business owner purchased equipment on credit for $125,000. It cost the owner $7,000 to ship...
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