A trader registered for VAT acquired a machine on one month’s credit. The list price of the machine is £180,000. The trader is offered 10% trade discount and 6% cash discount if payment is made within a week. Transactions of this type attract VAT at 17.5%. What is the VAT-inclusive price he will be invoiced for?

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a £180,000 b £190,350 c £188,649 C d £178,929