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Acquisition Cost
The total cost incurred to acquire an asset, including the purchase price and all other expenses necessary to bring the asset to its intended use.
Equipment
Tangible assets used in the operation of a business, such as machinery, computers, and furniture, which are not intended for sale.
Installation Costs
The expenses associated with setting up or installing equipment, machinery, or software.
Transportation Costs
Expenses associated with the movement of goods from one location to another, including shipping fees and logistics.
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