khoadominh2206
02.06.2021 •
Business
On January 2, 2020, Sunland Company replaced its boiler with a more efficient one. The following information was available on that date: Purchase price of new boiler $151500 Carrying amount of old boiler 9400 Fair value of old boiler 3300 Installation cost of new boiler 21800 The old boiler was sold for $3300. What amount should Sunland capitalize as the cost of the new boiler?
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