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A used machine with a purchase price of $43,991.00, requiring an overhaul costing $8,807.00, installation...

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Accounting

A used machine with a purchase price of $43,991.00, requiring an overhaul costing $8,807.00, installation costs of $6,687.00, and special acquisition fees of $27,245.00, would have a cost basis of Select the correct answer.

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