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How much will the equipment be recorded at

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Question - Company A acquired land, building and equipment for $195000. An appraisal valued the land at $82000, the building at $80000 and the equipment at $66000. After the purchase and the appraisal, the equipment was upgraded at a cost of $7000. The upgrade allowed the machine to. Produce more output and last longer. How much will the equipment be recorded at? Round to nearest dollar.

Reference no: EM133080439

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