Sunland Enterprises purchased equipment on March 15,2024, for $76,110. The company also paid the following...
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Sunland Enterprises purchased equipment on March for $ The company also paid the following amounts: $ for freight charges; $ for insurance while the equipment was in transit; $ for a oneyear insurance policy; $ to train employees to use the new equipment; and $ for testing and installation. The company began to use the equipment on April Sunland has estimated the equipment will have a year useful life with no residual value. It expects to consume the equipment's future economic benefits evenly over the useful life. The company has a December year end. a Your answer is incorrect. Calculate the cost of the equipment. Cost of the equipment $ eTextbook and Media 
Sunland Enterprises purchased equipment on March for $ The company also paid the following amounts: $ for
freight charges; $ for insurance while the equipment was in transit; $ for a oneyear insurance policy; $ to train
employees to use the new equipment; and $ for testing and installation. The company began to use the equipment on April
Sunland has estimated the equipment will have a year useful life with no residual value. It expects to consume the equipment's
future economic benefits evenly over the useful life. The company has a December year end.
a
Your answer is incorrect.
Calculate the cost of the equipment.
Cost of the equipment $
eTextbook and Media
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