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Sam's Turbo Repair, Inc. (STR) purchased a new machine for cleaning and retooling the ...

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Accounting

Sam's Turbo Repair, Inc. (STR) purchased a new machine for cleaning and retooling the
turbo blades on semi-trucks. The machine cost was $30,000,10% sales tax, and $1,000
delivery and setup fee. What is STR's basis in the new machine?
$30,000
$31,000
$33,000
$34,000
$34,500
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