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Gray company purchased equipment for $120,000 on 1/2/23. Gray also incurred the following additional costs...

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Accounting

Gray company purchased equipment for $120,000 on 1/2/23. Gray also incurred the following additional costs for this equip tenant:

1/3/23 freight to ship equipment to grays location $2,500

1/5/23 setup cost $6,000

2/15/23 correction of malfunction $3,500

How much of the above costs are charged to the equipment?

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