Assignment 3. September Co. purchased a new machine from a Japanese manufacturer. $30,000 is charged out as sales price. A legal expert received $200 for participation in the contraction process as the advisor of the buyer. September Co. paid out $750 as the transportation costs of the machines to the gates of the company and $1,000 as import duty to the authorities. Before the start of the operation on the machine, a $250 reparation/modification cost appeared. Furthermore, a $100 fee had to be paid to the Environmental Protection Agency for permission. Determine the amount to be reported as the cost of the machine!

Assignment 3. September Co. purchased a new machine from a Japanese manufacturer. $30,000 is charged out as sales price. A legal expert received $200 for participation in the contraction process as the advisor of the buyer. September Co. paid out $750 as the transportation costs of the machines to the gates of the company and $1,000 as import duty to the authorities. Before the start of the operation on the machine, a $250 reparation/modification cost appeared. Furthermore, a $100 fee had to be paid to the Environmental Protection Agency for permission. Determine the amount to be reported as the cost of the machine