Euipment was purchased for 45000 plus 2000 in freight


Equipment was purchased for $45,000, plus $2,000 in freight charges.Installation costs were 1,500 and sales tax is totalled$1,000. Hiring a special consultant of the eqipment costs 3,000. What is the assets depreciable basis?

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Finance Basics: Euipment was purchased for 45000 plus 2000 in freight
Reference No:- TGS0602154

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