Sunland Company purchased equipment and these costs were incurred: Cash price $47,000 Sales taxes 3,900 Insurance during transit 700 Installation and testing 820 Total costs $52,420 Sunland will record the acquisition cost of the equipment as Group of answer choices $51,600. $52,420. $50,900. $47,000.
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Home » Business » Sunland Company purchased equipment and these costs were incurred: Cash price $47,000 Sales taxes 3,900 Insurance during transit 700 Installation and testing 820 Total costs $52,420 Sunland will record the acquisition cost of the equipment as Group