Acquisition Cost

Desert State University installed a HD video board with an invoice price of $3,600,000 in its football stadium. Desert State paid an additional $180,000 of delivery and installation costs relating to this board. Because this is one of the largest boards in the world, Desert State also installed ten 5-ton air conditioning units at a total cost of $360,000 to keep the board cool in the desert heat.

Required:

Determine the cost of the video board.