Multiple Choice
A machine was built for $125,500 during July, the cost included $750 in interest expense.The company had to pay $4,000 for shipping and another $2,000 for insuring the parts.The capitalized cost of the equipment was:
A) $124,750
B) $125,500
C) $131,500
D) $132,250
Correct Answer:
Verified
Correct Answer:
Verified
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