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13. Braham Manufacturing Company purchased a machine on January 2, 2014. The invoice price of the machine was $40,000, and the vendor offered a 2
13. Braham Manufacturing Company purchased a machine on January 2, 2014. The invoice price of the machine was $40,000, and the vendor offered a 2 percent discount for payment within ten days. The following additional costs were incurred in connection with the machine: Transportation-in Installation cost $1,200 700 550 Testing costs prior to regular operation. If the invoice is paid within the discount period, Braham should record the acquisition cost of the machine at (1 Point) $39,200. $41.650. $41,100 $40.400
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