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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