Question

A used machine with a purchase price of $31,850.00, requiring an overhaul costing $8,619.00, installation costs...

A used machine with a purchase price of $31,850.00, requiring an overhaul costing $8,619.00, installation costs of $6,966.00, and special acquisition fees of $13,594.00, would have a cost basis of

Select the correct answer.

A.$31,850.00

B.$61,029.00

C.$40,469.00

D.$90,208.00

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