Financial Accounting

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Types of Expenditure


BestTV Co. incurred the following costs in 2015:

(1) the cost to install a new engine with bigger horsepower for \$35,000

(2) carpet cleaning fee for \$2,500

(3) the legal fee for transferring the ​title of a new store for \$1,800.

What is the total amount of operating costs based on the information given above (in $)?