Terra Corp. purchased a new enterprise software system and incurred the following costs:Cost of the system$800,000Installation of system5,000Testing of system6,000Initial training of employees9,000What is Terra Corp.'s basis in the software system?
A. $800,000
B. $811,000
C. $805,000
D. $820,000
Answer: D
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a. True b. False Indicate whether the statement is true or false
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Fill in the blank(s) with correct word
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