A company purchased new equipment for $48,000. The company paid cash for the equipment. Other costs associated with the equipment were: transportation costs, $1,200; sales tax paid $2,500; and installation cost, $1,700. The cost recorded for the equipment was:

As a project manager for a large construction company, shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly