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CONCEPTS IN FED.TAX.,2020-W/ACCESS

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter9: Acquisitions Of Property

Section: Chapter Questions

Problem 46P

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SoftRock Manufacturing received a machinery
invoice for $90,000. Installation cost $15,000 and
freight inward $5,000. Find the amount to be
capitalized.

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