What is the acquisition cost of the new equipment, Accounting Basics

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What is the acquisition cost of the new equipment

aterloo Corporation purchased factory equipment for a cost of $1,800,000. It cost $100,000 for its delivery, $220,000 for its installation and modifications to the production building, and cost $60,000 in interest costs on borrowed funds used to acquire the equipment. What is the acquisition cost of the new equipment?

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Accounting Basics: What is the acquisition cost of the new equipment

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Accounting Basics: What is the acquisition cost of the new equipment

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