A piece of equipment is purchased for $18,000 & has a salvage value of $2,000. The estimated life is 10 years & the method of depreciation is straight-line. Shipping costs total $620 & installation costs

A piece of equipment is purchased for $18,000 & has a salvage value of $2,000. The estimated life is 10 years & the method of depreciation is straight-line. Shipping costs total $620 & installation costs are $590. The total cost of the equipment is?

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A piece of equipment is purchased for $18,000 & has a salvage value of $2,000. The estimated life is 10 years & the method of depreciation is straight-line. Shipping cos…

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