MPG Industries Purchased a New Printing Press on January 2,2016

question 96

Essay

MPG Industries purchased a new printing press on January 2,2016 for a cost of $245,000.Transportation costs to have it delivered were $734.The floor had to have new supports because of the weight of the press.The new supports cost $2,540,which included installation.After the press was in place,two employees took training classes to learn how to use the press at a cost of $1,600.The Equipment account is debited for what amount?

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