Barium Corp.purchased a piece of equipment on September 30 for $27,000.It cost $400 to ship the equipment to the company's facilities and another $1,000 to install the equipment.After the equipment was installed the company had to pay an additional $1,500 for increased insurance.The capitalized cost of the equipment was

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The Answer of Barium Corp.purchased a piece of equipment on September 30 for $27,000.It cost $400 to ship the equipment to the company's facilities and another $1,000 to install the equipment.After the equipment was installed the company had to pay an additional $1,500 for increased insurance.The capitalized cost of the equipment was