9 AutoSave OD Home Reviews Chapter 10 for BB (1) - Excel Insert Page Layout Formulas Data Review View Help Verdana Act Copy- Format Painter - 10-AASEE - 0-A W rap Test .Merge & Center - Bad BIV- 2 Normal Conditions Formatas Calculation Formatting Table Check Cel Alignment REVIEW QUIZ 4 Chapter 10 (Pace yourself and complete in 20 minutes EF 1 NOP -Nm Your Name: Prof: E. Quaye ACC 102 Date: March , 2020 REVIEW QUIZ 4 Chapter 10 Cace yourself and complete in 20 minutes) . 1. Yocum Company purchased equipment on January 1 at a list price of $120,000, with credit terms 2/10, 1/30. Payment was made within the discount period and Yocum was given a $2.400 cash discount. Yocum paid $6.000 sales tax on the equipment, and paid installation charges of $1,700. Prior to installation, Yocum paid $4,000 to pour a concrete slab on which to place the equipment. What is the total cost of the new equipment? (show your work) 2. A truck that cost $72,000 and on which $60,000 of accumulated depreciation has been recorded was disposed of for $18,000 cash, Prepare the journal entry to record this event