The acquisition of a used machine with a purchase price of $37,185, requiring an overhaul...
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Accounting
The acquisition of a used machine with a purchase price of $37,185, requiring an overhaul costing $9,189, installation costs of $6,155, and special acquisition fees of $32,015, would be journalized with a debit to the asset account for
a. $37,185
b. $46,374
c. $131,903
d. $84,544
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