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QUESTION
Myles Corporation is considering a new computer system (equipment) that can be purchased for $143,000. Delivery will cost $8,200 and setup will cost...
Myles Corporation is considering a new computer system (equipment) that can be purchased for $143,000. Delivery will cost $8,200 and setup will cost $12,000. What is the initial depreciable cost (the amount that can be depreciated - not depreciation expense) of the computer system?
