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Santa Rosa recently purchased a new boat to help ship product overseas. The following information...

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Accounting

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Santa Rosa recently purchased a new boat to help ship product overseas. The following information is related to that purchase: Purchase price $4,789,953 Cost to bring boat to production facility $37,250 Yearly insurance cost $21,824 Annual maintenance cost of $57,095 Received 10% discount on sales price . . Determine the acquisition cost of the boat. Round to the nearest whole dollar, no decimal places

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