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8 3 peints Apr Grab Manufacturing Co. purchased a 10-ton draw press at a cost of $189,000 with terms of 3/15, 45. Payment was made
8 3 peints Apr Grab Manufacturing Co. purchased a 10-ton draw press at a cost of $189,000 with terms of 3/15, 45. Payment was made within the discount period. Shipping costs were $4,000, which included $340 for insurance in fransit Instalation costs totaled $11,000, which included $3,800 for taking out a section of a walt and rebuilding & because the press was too large for the doorway The capitalized cost of the 10-ton draw press $204,830 $100.830 $197.8301 $203,330
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