A company buys equipment with a list price of $9,000 and also pays $350 transportation, $450 sales tax and $200 installation to get it running. What capitalised cost should be recorded for the equipment?

1. The capitalised cost of property, plant and equipment includes the purchase price plus all costs to bring the asset to working condition. 2. Add the components: $9{,}000 + $350 + $450 + $200. 3. Capitalised cost $= \$10{,}000$. 4. Option A ignores all incidental costs; B and C add only some of them. _Source: Jonick, Principles of Financial Accounting (CC BY-SA 4.0), §4.5.1 "Depreciation Terms", p.149_