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Bahama Catering purchased a commercial dishwasher by paying cash of $4,700. The dishwasher's fair value on the date of the purchase was $5,050. The company
Bahama Catering purchased a commercial dishwasher by paying cash of $4,700. The dishwasher's fair value on the date of the purchase was $5,050. The company incurred $430 in transportation costs, $300 installation fees, and paid a $180 fine for illegal parking while the dishwasher was being delivered. For what amount will Bahama record the dishwasher? O $5,780 O $5,430 O$5,610 O $5,050
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