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  3. a compony purchased new equipment for $50,000. the

A compony purchased new equipment for $50,000. The company pald cash for the equipenent. Other...

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Accounting

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A compony purchased new equipment for $50,000. The company pald cash for the equipenent. Other costs associated with the equipment were: transportation costs, $1,400; sales tax pald, $3,900; and installation cost, $3,300. The total capitalized cost reported for the equipment was: uitcle Crove $55100 551,400 $58,500 550.000

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