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Ignoring the depreciation expense

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In September, More Value purchased a new piece of machinery that will be used to manufacture its top selling product. The purchase price of the machine was $2,215. In addition, More Value also paid freight, $200; installation, $570; testing, $900; and repairs due to mishandling, $300. Ignoring the depreciation expense, at what cost should the machinery be recorded on the balance sheet?

Reference no: EM133291205

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