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Kayla's Key Shop purchased a new key machine for $1000. Delivery of the machine cost...

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Accounting

Kayla's Key Shop purchased a new key machine for $1000. Delivery of the machine cost $100 and installation fees amounted to $100. Unfortunately, the installers tripped and damaged the machine during installation costing an additional $200 in repairs. What is the cost of the key machine that should be recorded?

A. $1400

B. $1200

C. $1100

D. Cannot be determined from given information

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