Business, 01.12.2020 17:00 hollis79

Equipment was purchased for $60,050 plus $1,123 in freight charges. Installation costs were $2,128 and sales tax totaled $5,453. The increase in net working capital was $4,829. What is this asset's depreciable basis? DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ENTER YOUR ANSWER TO THE NEAREST DOLLAR (e. g. 1250).

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Equipment was purchased for $60,050 plus $1,123 in freight charges. Installation costs were $2,128 a...

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