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What is this machine acquisition cost

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Question - Marlee Limited purchased a machine on March 31 for $78000, paying cash. The company also paid $600 for freight, $500 for installation and testing, $900 for employee training, $800 for supplies to be used in production, and $2400 for a one-year insurance policy. The machine has a residual value of $8000 and a useful life of 6 years. What is this machine's acquisition cost?

Reference no: EM133080776

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