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Jolly Giant Burgers purchased a commercial dishwasher by paying cash of $8,000. The dishwasher's fair...

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Accounting

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Jolly Giant Burgers purchased a commercial dishwasher by paying cash of $8,000. The dishwasher's fair value on the date of the purchase was $10,000. The company incurred $600 in transportation costs, $500 installation fees, and paid $300 annual insurance on the equipment. For what amount will Jolly Giant Burgers record the dishwasher? Numeric Response

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